Banks, UN Set Standards on Channelling Investments for Sustainable Development – Capitals Coalition

Victor Hugo once wrote that “ Nothing is so knock-down as an theme whose time has come ”. Recognising the true value of natural capital, is one such idea. Across secret and populace sectors, across disciplines, and around the global, initiatives to advance and develop natural das kapital think have emerged quickly over the by 10 years. In a rash of acronym, we have the NCC, SEEA, WAVES, IIRC, KIP-INCA, A4S, GRI, EO4EA – among many others. Are they the same, are they competing, are they useful ? To both insiders and outsiders this range of initiatives is confusing at best. At worst, it leads to a miss of date, avoidance and misinterpretation. The reality is that, while differences among these assorted initiatives do exist, they have all been motivated by a common understanding of the reality that we are losing our stocks of natural capital – and that this matters. While each inaugural may have different origins, some differing objectives, and may reflect variations in technique and method, there is a lot common ground. indeed, to engage the broader community in tackling the natural capital challenges we jointly face, we can not afford to focus on distinctions. rather, we must look to build on the overlaps and search to build a common speech that will enable the switch over of ideas and ongoing invention.

It is in this heart of collaboration that the Natural Capital Coalition, together with the IDEEA Group and supported by over 20 organisations, launches this instruction on Combining Forces on Natural Capital. It is particularly relevant that this argument of collaboration is launched at the World Forum on Natural Capital, where leading voices in the apparent motion gain every two years, to plowshare best exercise, enduring challenges and build far collaborations.

While advance to date has largely taken place in belittled pockets, in order to move forward we need to ramp up our efforts and move beyond talking with supporters and “ the born-again ”.

For this, we need leaders who can establish spaces for dialogue and exploitation, and who can ensure that technical debates do not form a barrier to progress, that we take entire advantage of the diverseness of skills and experience already engaged, and that the big movie is always kept in thinker. I encourage you to take the opportunity to read the statement, to share it within your organisations, to sign on, and to join us as we move towards a better sympathize and appreciation of the building complex and beautiful populace in which we live. Carl Obst is Director of the Institute for the Development of Environmental-Economic Accounting (IDEEA Group), and Lead Author of the United Nation’s System of Environmental-Economic Accounting (UN SEEA).

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