Business relies on ecosystems for critical provisioning services such as water, fiber, food; and regulatory services such as climate regulation, flood control and water purification. Over the past 50 years, 60% of the world’s ecosystem services have been degraded. Deforestation alone equals US$2-5 trillion in lost ecosystem value. Companies with global operations and supply chains are seeing challenges due to the loss of critical services that ecosystems provide, while ecosystems are also presenting new business opportunities.
The Business & Nature Forum 2017 is framed around the Natural Capital Protocol, developed by the Natural Capital Coalition. This new internationally recognised framework is designed for companies to generate trusted, credible, and actionable information for better decision making
On day one, newcomers to the concept of Natural Capital have the chance to join a training session to understand the interdependent relation of business and ecosystem services.
On day two, practical tools and case studies will be presented. Sector-specific breakout sessions will bring together experts, industry, government representatives and other stakeholders to discuss how to apply the Natural Capital Protocol. Participants will be guided through the significance for their businesses and how it can be used for better decision making. The sectors are: Food & Beverage, Forestry, Apparel and Extractives & infrastructure.