29 May 2017
We are pleased to announce an exciting opportunity to contribute to the development of the Finance Sector Supplement to the Natural Capital Protocol, by sharing your financial institution’s experience, knowledge and expertise in a pilot phase. The supplement aims to provide comprehensive, integrated guidance and insight for financial institutions to integrate natural capital considerations into all financial products and services specifically focusing on banking, investment, and insurance.
The Natural Capital Protocol is a decision-making framework that allows financial organizations to identify, measure and value their direct and indirect impacts and dependencies on natural capital. The Supplement intends to further empower the finance sector “to increase its resilience when faced with long-term degradation of natural resources, and the increasing incidence of extreme natural events, while providing co-benefits to biodiversity and the environment.”
Financial institutions are being invited to become involved and contribute their knowledge and insights to ensure that this Supplement is robust, practical and relevant. Specifically the project is seeking finance institutions to pilot and test the draft Supplement. Piloting is a unique opportunity to directly inform and influence the development of the Supplement whilst gaining insights into natural capital measurement and valuation thereby adding capacity within your organization and becoming part of a growing community. All levels of interest are welcome including full implementation, partial implementation, or retrofitting existing practices.
If you are interested in participating, please see the pilot test invitation for additional details.
To learn more about the Finance Sector Supplement to the Natural Capital Protocol please visit the website announcement.
The Supplement is a project of the Natural Capital Coalition, the Natural Capital Finance Alliance (NCFA -formerly the Natural Capital Declaration), and the Dutch Association of Investors for Sustainable Development (VBDO).