Governments meet for the first time to discuss how to better promote Natural Capital approaches in Business

News in the Framework of the European Business & Biodiversity Campaign

 

Governments meet for the first time to discuss how to better promote Natural Capital approaches in Business

The Natural Capital Coalition has helped to establish a Government Dialogue on Natural Capital, which has brought governments together to discuss their role in creating an enabling environment for natural capital approaches.

The first meeting was hosted by the Dutch and Scottish governments, and held at the World Forum on Natural Capital.

At the Forum, on 27 November 2017 in Edinburgh, representatives from 16 countries and the European Commission met with a range of non-governmental organizations to share experiences and discuss how they could better promote natural capital approaches to facilitate widespread adoption by businesses in their respective countries.

Key areas for collaboration

Three key areas were identified in which intergovernmental collaboration may help to mainstream natural capital approaches. These are to:
  • Link national natural capital accounting with corporate natural capital assessment
  • Increase collaboration by government agencies and businesses (both nationally and internationally) and use existing online platforms to share best practices
  • Develop a positive natural capital narrative

Next steps

Participants agreed that they wanted to meet again after one year. They also agreed to start collaborating on the three issues identified, in order to progress the findings of the inaugural meeting. A Roadmap for 2018 will be developed, including a proposal how to progress the three issues.

Background documentation and full summary report: https://naturalcapitalcoalition.org/projects/government-dialogue-on-natural-capital/

Source: https://naturalcapitalcoalition.org/projects/government-dialogue-on-natural-capital/
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