The IUCN World Conservation Congress (WCC) in Marseilles this month, both at its Forum and Member’s Assembly represented an important step to join the global Natural Capital Accounting (NCA) community, who are rapidly advancing systems to assess the contribution of nature to the economy as its role in supporting economic growth, to the IUCN conservation community.
In advance of the WCC, the adoption of the IUCN Resolution on Accounting for Biodiversity, calling the conservation community to mobilize resources to develop and implement accounting for biodiversity, to apply accounting to support the derivation of indicators of biodiversity change and to support its mainstreaming, set the stage for important discussions held at a Forum session on its implementation (more on that below). At the Member’s Assembly, the approval of the IUCN Resolution on Towards a Policy on Natural Capital, which proposes non-binding principles – including definitions, inclusivity and implementation – to be considered in the development of an IUCN Policy on Natural Capital was yet another important milestone towards placing nature conservation at the foundation of sustainable development. [Read more…] about Natural capital accounting at the IUCN World Conservation Congress
