The remarkable economic growth and prosperity of the last 50 years has come at a high cost to natural systems. Even though more than half of global GDP is moderately or highly dependent on nature, human activities have already severely altered 75% of terrestrial and 66% of marine ecosystems. On a per capita basis, in the last two decades alone while produced capital has doubled and human capital has increased by 13%, natural capital has declined by 40%. A recent report by Business for Nature and The B Team warns that the world spends 2% of global GDP per year on subsidies that damage the environment; whereas investing in nature could generate more than €9 billion and 395 million jobs by 2030, according to the World Economic Forum. Given this reality, we are facing a critical moment in which the action and collaboration of all market actors is crucial to move towards a new paradigm in the way we relate to nature that considers the value it provides us. On Thursday 24 March we organize together with Fundación Alternativas a round table discussion with representatives from business, finance, conservation and associations to learn about the challenges faced by their respective organizations and stakeholders when considering natural capital as an asset, and how they are working and establishing alliances to support progress towards a positive world for nature and people. This social innovation action is part of the Nature-Incore initiative, funded by Fundación Biodiversidad of the Ministry for Ecological Transition and the Demographic Challenge (MITECO), through the Empleaverde Programme, an initiative to promote and improve employment, entrepreneurship and the environment. It is co-financed by the European Social Fund (ESF) within the framework of the Operational Programme for Employment, Training and Education 2014-2020. The challenges of incorporating natural capital into company culture AGENDA 09:30 am Welcoming José Luis de la Cruz Leiva, head of Sustainability at Fundación Alternativas 09:35 am Nature at the heart of decision making as a tool for change David Álvarez, executive director at Ecoacsa. 09:50 am Discussion panel Luis M. Jiménez Herrero, president at ASYPS (Association for the Sustainability and Development of Societies) Isabel Tomé, head of Biodiversity, Environment Department, Directorate of Innovation and Sustainability, Iberdrola Julieta Valls, head of Corporate Alliances at SEO/BirdLife José Antonio Barberá, head of Sustainability at Bankinter Moderator: José Luis de la Cruz Leiva 10:45 am Questions 11:15 am Closing José Luis de la Cruz Leiva, head of Sustainability at Fundación Alternativas https://www.youtube.com/watch?v=q7WZ6R7gjbM Share Share on facebook Share on twitter Share on linkedin Share on email...

With the aim of highlighting the important contribution made by traditional salt pans to the generation of shared value for nature, society and the business fabric, and to halt the decline of the cultural and natural heritage of the natural and protected areas they occupy, the International Union for Conservation of Nature (UICN-Med) y SEO/BirdLife (representative in Spain of the BirdLife International federation), have joined forces to organise a training and participatory workshop on the application of the natural capital approach in artisan saltworks....

If you consider that natural capital plays a decisive role in the fair and sustainable recovery and the progress towards a positive future for nature and people, if you want to incorporate nature-related aspects in your company but do not know where to start, or if you have some knowledge about the natural capital approach, but want to strengthen concepts, deepen your company's relationship with nature and learn about success stories that can serve as a reference, you will find of interest “Nature-Incore: Nature at the heart of decision-making” training initiative by Ecoacsa. The last two years have been particularly challenging because of the unfortunate coronavirus pandemic, which has acted as an important reminder of the close relationship between human, economic and planetary health.  This has led to an intensified interest in putting natural capital and biodiversity issues at the centre of policy, both at national, EU and global levels. And, most especially, to design rules and regulations that support actions and initiatives aimed at ensuring that these environmental elements are considered in private sector decision-making linked to the management of the natural environmentThe free online course Nature-Incore has been created to support this purpose by training professionals in the natural capital approach, through information and training on concepts, knowledge, and tools, so that they have a better understanding of the relationship of their organisations with nature and contribute to incorporate it into decision-making.The course is aimed at sustainability and environmental professionals and managers of SMEs in the Community of Madrid and Catalonia on the natural capital approach so that they can incorporate it into the daily practice of their companies and organisations.How will we do it? Through a carefully designed theoretical-practical programme to learn easily and at your own pace key concepts, which applications of the natural capital approach are best suited to the reality of each business, and which tools and methodologies can be most useful for identifying, measuring and assessing the impacts and dependencies that companies and organisations have on nature, among other topics.The programme is structured in the following four modules: 1. Introduction to the natural capital approach. 2. Where to start? Natural capital assessment, key concepts, and tools. 3. How to integrate assessment results. 4. Tracking, monitoring and communicating corporate performance on natural capital. Driving cultural change in business To respond to regional and national challenges related to biodiversity from the perspective of the natural capital approach, the Nature-Incore initiative will organise training actions in different formats to reinforce the competences of the students who have been trained in the natural capital approach and in the valuation of ecosystem services throughout the course.In addition, work will be carried out to analyse the students' competences in the field of natural capital to know their situation and identify possible areas for improvement in order to strengthen their knowledge and skills in this field. The aim is to help them become catalysts for the cultural change represented by the incorporation of natural capital in decision-making in their respective companies and organisations.This project is funded by the Fundación Biodiversidad of the Ministry for Ecological Transition and the Demographic Challenge (MITECO)), through the Empleaverde Program , an initiative for the promotion and improvement of employment, entrepreneurship and the environment. It is co-financed by the European Social Fund (ESF) in the framework of the Operational Programme for Employment, Training and Education 2014-2020. Read on at Nature-Incore Comparte Share on facebook Share on twitter Share on linkedin Share on email...

The European project COMFOR-SUDOE (COMplex FORests) led by the National Museum of Natural Sciences (MNCN-CSIC) proposes a series of methods of monetary and non-monetary valuation of the benefits of complex forests for rural and urban societies in Spain, France and Portugal. This open access compendium has been elaborated by Ecoacsa Reserva de la Biodiversidad, one of the consortium partners, and aims to guide local development stakeholders and policy-makers in decision making processes. The report is accompanied by a list including 68 ecosystem services or benefits provided by complex forests....

Within the framework of the work carried out under the umbrella of the United Nations System of Environmental-Economic Accounting (UN SEEA), the United Nations Statistical Unit (UNSD) has presented at the IUCN World Conservation Congress the case study Business and Natural Capital Accounting Study: Quarry restoration by Holcim - Spain, developed with the technical support and expertise of Ecoacsa and the participation of the University of Castilla-La Mancha, the University Rey Juan Carlos. The publication is part of the EU-funded Natural Capital Accounting and Valuation of Ecosystem Services (NCAVES) project and examines the alignment of Holcim's natural capital accounting approach in Spain with the SEEA EA (System of Environmental Economic Accounting-Ecosystem Accounting)....

Investing in Marine Protected Areas (MPA) pays off, according to the results from a pilot project to study the benefits that Mediterranean marine reserves provide to economy and society, which has been promoted by Marilles Foundation and developed in collaboration with Ecoacsa, the Balearic Center for Applied Biology (CBBA) and the British company eftec. ...

On July 22 and 23, the Menéndez Pelayo International University (UIMP) organizes the summer course “The ESG strategy at the center of the energy transformation. A decisive decade”, coordinated by EDP Spain, in which experts from different disciplines will address for a day and a half critical topics such as climate neutrality and adaptation, decarbonization through the circular economy, the value of natural capital for business, innovation for transformation, and just transition and recovery funds....

The Align project organises its first project-wide event from June 3 – 10 by attending a series of seminars and workshops dedicated to natural capital management accounting and biodiversity measurement. The first event is open to the public and will be a seminar on Natural Capital Management Accounting on 3 June (3.00- 6.00 pm CEST). Here we will be identifying biodiversity-inclusive, natural capital management accounting practices within financial institutions that the Align project can promote in future guidance. We will draw on real-life applications from ASN Bank, BNP Paribas Asset Management and ING Group to show how natural capital and biodiversity are integrated into financial decision making....

The partners of the European COMFOR SUDOE project invite experts, research organizations, academia, conservation entities and other social actors to propose papers and case studies on the identification of the most appropriate methodologies for the valuation of natural assets and ecosystem services provided by complex forests of Southwestern Europe. The call also seeks to identify projects that integrate the monetary and non-monetary valuation of natural assets and ecosystem services of mixed and irregular forests in management models or whose application has resulted in significant changes in the habitats where the valuation was conducted....

The Align project - Aligning accounting approaches for nature - will support businesses, financial institutions and other stakeholders in developing standardised natural capital accounting practices, including a standardised approach to biodiversity measurement. The project is funded by the European Commission, and led by WCMC Europe, Capitals Coalition, Arcadis, ICF and UNEP-WCMC....