Natural capital and green economy: embedding biodiversity in decision-making from business to policy

Several tools are available to help business, finance and policy embed natural capital into their decision-making, and the recent integration of biodiversity within these tools has strengthened the case for biodiversity. However, integration of biodiversity into decision-making is less mature. This session will focus on that gap by discussing several Economics for Nature’s projects, including new Biodiversity Guidance on integrating biodiversity into natural capital assessments by business (Capitals Coalition in collaboration with the Cambridge Conservation Initiative), integration of natural capital in COVID-19 economic recovery packages (Green Economy Coalition) and ecosystem-focused natural capital tools that include biodiversity conservation as a key component (WWF France). Experts from businesses, finance and governments will focus on the value, robustness and maturity of the approaches, techniques and assessments, particularly regarding the integration of biodiversity.