Integrating Natural Capital Accounting (NCA) and Climate Change


Detalles

Temáticas
Integrating biodiversity into a business context

Natural Capital Accounting (CCN) and climate change represent critical facets of modern environmental management and economic planning. The depletion of natural resources and the growing threats of biodiversity loss require a concerted effort to recognize and account for the value of the Earth's ecosystems. This imperative takes a central role in ensuring the sustainable management of our planet's natural capital.

At the forefront of this movement is the concept of Natural Capital Accounting, recognized for its crucial role in bridging the gap between environmental considerations and economic decision-making. By delving into the essential strategies and methodologies for integrating natural capital into national and corporate balance sheets, the CCN establishes a framework for comprehensively valuing the services provided by the environment. From clean water to carbon sequestration, the CCN aims to foster a more harmonious relationship between human development and nature.

This emphasis on recognizing natural capital and ecosystem services becomes especially crucial in the context of climate change. COP28 in Dubai provides a strategic platform to explore the intersections of NCC and climate change. The event highlights the importance of the CCN, specifically the System of Environmental and Economic Accounts (SEEA), in the development of climate data integrated with economic information.

Objective: To discuss the role of the NCC and international statistical standards in the development of climate data integrated with economic information and based on credible scientific data and models. Illustrate the ARIES modeling platform to generate CCNs and promote data and model interoperability.

Video

https://www.youtube.com/watch?v=JJ0x4NZRPBY

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