• Natural Capital Declaration
  • Natural Capital Declaration
  • Natural Capital Declaration
  • Natural Capital Declaration
  • Natural Capital Declaration
  • Natural Capital Declaration

NCD ‘soft’ launch at the UNEP-FI Global Roundtable in Washington DC

The UN Environment Programme Finance Initiative bi-annual conference in Washington has ended with HRH Prince Charles calling for reporting on natural capital to become a normal part of doing business and TEEB economist Pavan Sukhdev saying that, according to a True Cost study, business was getting an annual “$4 trillion free lunch” by not including environmental externalities and this was distorting “pretty much the price of everything”.

A common theme of this major conference entitled “The Tipping Point” and attended by 500 senior representatives of banks, investors and insurance institutions, was how today’s financial crisis is forcing a re-think of the whole valuation system and the words “Natural Capital” came up constantly as a missing part of the equation. This was fertile ground to soft launch the joint initiative with UNEP-FI, GCP and FGV for a ‘Natural Capital Declaration’ supported by FIs and released at Rio.

Videos from the Roundtable




Go back to Notícias