Results of the We Value Nature pilot project on integration of natural capital in public and private sector decision-making for climate resilience and biodiversity in Cabo de Gata-Níjar, Spain
Save the date! On 28 October (10:00-12:00 a.m. CET). We Value Nature organises an online partner event in the framework of the EU Green Week to present the results of the pilot project on integration of natural capital in public and private sector decision-making for climate resilience and biodiversity in Cabo de Gata-Níjar, Spain.
We Value Nature is an EU Horizon 2020-funded three-year campaign (November 2018 – October 2021) supporting businesses and the natural capital community across Europe with the aim of making valuing nature the new normal for business. The campaign reinforces and boosts the work of the Capitals Coalition, helping businesses make smarter decisions that benefit themselves, society and the planet as a whole.
The We Value Nature consortium is led by the Institute of Chartered Accountants in England and Wales (ICAEW) and the other consortium partners are the World Business Council for Sustainable Development (WBCSD), The International Union for Conservation of Nature (IUCN), and Oppla.
Business has a critical role to play in encouraging governments to take comprehensive action to reverse nature loss and restore the planet’s vital natural systems. Business can help demonstrate that the safeguarding of nature makes economic sense, and help identify the policies and mechanisms needed for transformative change. Joint action by the private and public sectors can foster a sense of shared ownership over targets and outcomes.
We Value Nature has implemented this pilot project to explore opportunities to strengthen private-public coherence for the integration of natural capital in decision-making processes, in the context of restoring degraded land in a specific ecosystem in the Mediterranean area, Cabo de Gata-Níjar (Andalusia, Spain). The pilot supports the Combining Forces initiative of the Capitals Coalition, which is working to enhance public-private coherence for natural capital accounting.
The project, carried out together with Ecoacsa, has the following specific objectives:
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