"The importance of natural capital should never be underestimated. It is our ‘stock’ of geology, soil, air, water and all living organisms, providing fundamental life-support functions and underpinning the global economy"

Professor Alison Hester, a senior research scientist within our Ecological Sciences group, has contributed to the development of new guidance by the Natural Capital Finance Alliance (NCFA), aimed at helping financial institutions conduct rapid assessments of natural capital risk.

Already piloted by banks in Colombia, South Africa and Peru, the guide promotes the use of the recently launched Exploring Natural Capital Opportunities, Risks and Exposure (ENCORE) tool, which enables financial institutions to understand and assess their exposure to natural capital risks.

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This article was originally posted by The James Hutton Institute