Biodiversity is on a rapid decline, but more solutions to address and quantify natural capital are on the horizon.
The UN Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) warns that humans are drawing down stocks of natural capital faster than it can renew itself. This continued trajectory without allowing for nature to recover and without corresponding investment in human and produced capital, poses a significant challenge to achieving poverty reduction and sustainable development objectives.
The urgent need to improve natural capital accounting and scale-up finance for nature has been reflected in a rapid increase in financial support focused on accounting for natural capital – from compensating with biodiversity offsets, developing natural infrastructure to investing in nature-based solutions. Not least the recent Taskforce for Nature Financial Disclosures (TNFD) as a market-led consortium to provide the global financial body with better tools to account for nature-negative outcomes.
Are these mechanisms truly helping to enhance biodiversity protection? How can we strengthen the case for the accounting of natural capital to be eventually recognised as a working standard that holds itself up to the financial community? What unique role does the Asian region play to further the business case for nature-based solutions?
We aim to to discuss challenges faced in the practice of natural capital accounting, explore how Asia can play a key role in scaling up nature-based solutions, and more.
This event is specially organised by Eco-Business, in partnership with the Regional Project Energy Security and Climate Change Asia-Pacific (RECAP) of the Konrad Adenauer Stiftung (KAS).
- Theresa Mundita Lim, Executive Director, ASEAN Centre for Biodiversity
- Isabel Hoffman, Maanger, Capitals Coalition
- Kim Schumacher, Lecturer in Sustainable Finance & ESG, Tokyo Institute of Technology
- Adrian Fenton, Vice President - Asia Sustainable Finance, WWF Singapore
- Christian Hübner, Director, Regional Programme Energy Security and Climate Change Asia Pacific,
- Gillian Parker, Assistant Editor, Eco-Business
- Junice Yeo, Executive Director, Eco-Business
For the full agenda and registration, visit here.