DEFINITION: The elements of the natural environment that provide valuable goods and functions such as clean air, clean water, food and recreation. Natural capital accounting puts a value on these resouerces. Each year, the planet produces up to $72trn worth of 'free' goods and services that are essential to a well-functioning global economy.
Business reiterate Brazil boycott as nation urged to set deforestation-linked bonds
Nando's, Ocado and the Woolworths Group are the latest businesses to have signed a letter urging Brazilian policymakers to reject a new land-use proposal that could further spur deforestation in the Amazonian region, with a new report urging the nation to link efforts to combat deforestation to sovereign bonds.
UK's 'poorly mixed cocktail' of policy driving biodiversity decline, MPs warn
The UK is not treating biodiversity loss with the same urgency as the climate crisis, according to a group of MPs that have warned that current Government policies are inadequate to address a sharp decline in nature-based losses.
Major nature restoration scheme for Yorkshire as Defra outlines new conservation measures
WWF, Natural England and the Yorkshire Wildlife Trust have launched a major landscape restoration project in the Yorkshire Dales, in the same week that the Government has proposed new measures to protect and restore habitats.
Natural capital accounting standard launched by BSI
The British Standards Institution (BSI) has issued its first standard aimed at helping businesses and public sector bodies measure the extent and value of their impacts on nature.
UK Government commits to 'nature-positive' future following landmark biodiversity review
Following the publication of the landmark Dasgupta Review, which argued the case for biodiversity considerations to be embedded in all economic decisions by the government, a new commitment for all large infrastructure projects to be 'nature positive' has been made.
'Narrow focus' leaving world off-track on climate crisis and nature loss, major UN report warns
Governments are largely failing to respond to the interconnected nature of global heating and the impending sixth mass extinction, not only leaving the world off-track to meet key goals but making the transition to a sustainable future more expensive and less efficient.
Carbon-sequestering kelp: Sussex councils team up for major natural capital project
Two West Sussex Councils have applied for permission to create a large 'undersea forest' of kelp - a project they claim will boost biodiversity while sequestering carbon emissions.
McCain commits to regenerative agriculture across all farms by 2030
The UK's largest manufacturer of frozen potato products, McCain, has today (7 June) committed to ensuring that every potato grown across its 370,000 acres worldwide is done so using regenerative agricultural practices by 2030.
Can the Taskforce on Nature-related Financial Disclosures solve the global ecological crisis?
The Taskforce on Nature-related Financial Disclosures (TNFD) officially launched on Friday (4 June) with an overarching aim to align corporate reporting and financial spending to alleviate nature-related risks. Here, edie explores whether the new initiative can generate enough momentum to deliver tangible change.
ENCORE: UN-backed biodiversity module to help investors factor nature into spending decisions
A new UN-back module has been launched today to enable financial institutions to map their exposure to biodiversity risks based on sectoral activities, in a bid to push the economy towards a nature-positive future.
Global Paris-style biodiversity agreement 'lacks scientific basis', researchers warn
Efforts to formulate a "Paris-style" agreement to halt global biodiversity loss lack definition, fails to align with the scientific need to reverse nature loss and place Indigenous People at risk, according to a global alliance of NGOs.
Amazon and Unilever among businesses teaming with governments on $1bn deforestation pledge
A group of businesses including Amazon, Unilever, and Nestlé has joined the UK, US and Norwegian governments in setting up a new public-private initiative committing $1bn to combat the climate crisis through the conservation and preservation of tropical forests across the globe.
Natural England: Biodiversity critical to reaching net-zero
Peatlands, woodlands and coastal marine habitats are all vital in helping the UK reach net-zero emissions by 2050, but efforts need to be made to improve biodiversity conservation and restoration.
UK's marine natural capital assets valued at £211bn
The UK's marine assets, which include renewable energy production, tourism attraction, sustainable fishing and carbon sequestration, have reached a value of £211bn, according to figures from the Office for National Statistics (ONS).
Building resilience post-Covid-19: Businesses urged to 'reinvent capitalism' and regenerate nature
If the climate crisis is to be averted and the UN's Sustainable Development Goals to be met, businesses must help to "reinvent capitalism" so the "true value" of nature and society are appreciated.
What is the role between business and biodiversity? Access edie's new Explains guide
edie has this week published a new downloadable guide outlining all the key considerations for businesses that are looking to incorporate biodiversity into a holistic sustainability strategy.
edie Explains: Biodiversity and Business
What is the relationship between biodiversity and business? What are the operational challenges and opportunities surrounding biodiversity? And what steps can be taken to reverse nature loss and restore natural habitats? This free edie Explains guide answers all of those key questions and more.
Cutting through complexity: Can biodiversity be embedded into corporate strategies?
In recent months, the importance of biodiversity in combatting the climate crisis has reached a new level understanding, with policymakers and academics peering into this complex topic to try and outline how the private sector can champion it. Here, edie hears from the businesses that have already enshrined regenerative practices into their business model.
Banking giants unite with Prince of Wales on financial net-zero taskforce
The Prince of Wales' Sustainable Markets Initiative (SMI) has announced that executives from the likes of Bank of America, BNP Paribas, NatWest and Lloyds have joined on as members of a new Financial Services Task Force aiming to create a net-zero investor sector.
Green recovery: MPs call for VAT breaks for energy efficiency, electric vehicles and circular economy
MPs are urging Boris Johnson's Government to take a broader "green recovery" approach, going beyond low-carbon electricity and transport to provide policy supports for nature restoration and the circular economy.
WATCH: Dame Polly Courtice's inspiring Lifetime Achievement Award acceptance speech
Dame Polly Courtice delivered a galvanising call to action for future business leaders as part of her Lifetime Achievement Award acceptance speech at edie's Sustainability Leaders Awards 2021 Wednesday afternoon (3 February), claiming "this is the generation that still has time to change everything for the better".
Landmark review calls for nature to be included in economic decision making
A new landmark review has been launched today (2 February), outlining how businesses and policymakers can include and account for nature as part of economic decisions, with many claiming the findings could be as influential as the Stern review on climate change.
As influential as the Stern Review: Green economy reacts to the Dasgupta biodiversity study
A new landmark review, commissioned by the Government, has suggested that services provided by nature should be assigned an economic value that is used to inform future policy decisions, a move that has been unanimously welcomed by green groups.
New Years Honours 2021: The sustainability champions on the Queen's list
The outstanding achievements of dozens of people working across the UK's environmental sphere have been recognised by the Queen in this year's New Year's Honours list. Read on to find out more about the newly-awarded scientists, policy experts, green finance champions and conservationists.
Natural Capital Committee: Environment Bill updates must stop businesses destroying nature
The UK Government must "urgently" help large businesses to value the natural resources in their value chains and to promote conservation and restoration at scale, the Natural Capital Committee (NCC) has concluded.
Towards net-zero: Are we really the smartest of monkeys?
Setting the scene for edie's upcoming Net-Zero November month of themed content and events, sustainable business expert and commentator Mike Townsend takes a thought-provoking look at the various drivers, challenges and opportunities that lie ahead for businesses on our pathway towards a net-zero carbon, circular economy.
Natural Capital Committee: UK failing on promise to leave nature better for the next generation
The quality of the UK's soil, freshwater and marine habitats has declined in recent years, meaning that the Government is likely to fail to meet its long-term environmental promises without a step-change in action.
Common Agricultural Policy to remain part of EU's biodiversity funding, despite criticism
The Common Agricultural Policy (CAP), voted on this week in the European Parliament and Council, will remain by far the biggest funding source for biodiversity protection schemes at EU level, despite claims that it has encouraged intensive and damaging farming.
CDP: Paris Agreement alignment could cut climate change costs by two-thirds
The mean damage costs of climate change will reach $5.4trn annually by 2070 and "spiral" to up to $31trn per year by 2200 if the global temperature rise hits 4.4C by the end of this century - which it will unless 'business-as-usual' is transformed.
$500bn per year needed to halt nature loss and boost biodiversity, nations and businesses told
A coalition of more than 140 nature conservation groups is calling on governments and businesses to ensure that $500bn of funding is provided annually to protect, restore and create habitats.
HSBC signs up for new $1bn natural capital investment fund
HSBC has partnered with Pollination to launch what it is describing as the first large-scale investment fund focused solely on nature conservation and restoration.