The International Institute for Sustainable Development (IISD) is pleased to join the Natural Capital Coalition (NCC) to work on financing strategies for natural capital.
“By joining the NCC, IISD is able to collaborate with pioneers in natural capital conservation and finance,” says Oshani Perera, Director, Public Procurement and Infrastructure Finance, IISD. “We can experiment and innovate on capital market instruments as well as how public sector accounting concepts and principles can provide for recording and reporting on the value of services provided by natural capital.”
The Sustainable Asset Valuation (SAVi) will be at the heart of this work. SAVi calculates the dollar values of ecosystem and infrastructure services provided by natural capital and compares this with the capital costs of built alternatives that would provide the same volume of service. We look forward to expanding and sharpening such analyses with the NCC in the coming months.
Learn more about the NCC online.