Connecting Finance and Natural Capital: Supplement to the Natural Capital Protocol launched

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Connecting Finance and Natural Capital: Supplement to the Natural Capital Protocol launched

On 24 April the Natural Capital Coalition launched their Finance Sector Supplement to the Natural Capital Protocol in Hong Kong

During an event at the Hong Kong Institute of Certified Public Accountants the Natural Capital Coalition has launched its "Connecting Finance and Natural Capital: A Supplement to the Natural Capital Protocol". The Supplement provides a framework for financial institutions (FIs) to assess the natural capital impacts and dependencies of their investments and portfolios.

This framework has been developed by the Natural Capital Coalition (the Coalition), Natural Capital Finance Alliance (NCFA) and the Dutch SIF VBDO. The Supplement will guide FIs through the process of identifying, measuring and valuing material risks and opportunities as a means of informing financial decision making.

"There is a clear need among financial institutions (FIs) to measure and value their relationships with natural capital, and to understand the effect that continued degradation will have on the health and resilience of their investments and portfolios. This Supplement will, for the first time, provide FIs with a clear and standardised framework to assess natural capital risks, identify opportunities and consequently inform decision making" says Mark Gough, Executive Director of the Natural Capital Coalition.

The supplement is available here: naturalcapitalcoalition.org/protocol/sector-guides/finance/
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