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Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar
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Dr Joshua Bishop, WWF Australia - Presentation - UNAA Vic Natural Capital Seminar

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Dr Joshua Bishop (Former Chief Economist, IUCN and National Manager, Markets, Sustainability and Business Partnerships WWF Australia) - Presentation at the United Nations Association of Australia …

Dr Joshua Bishop (Former Chief Economist, IUCN and National Manager, Markets, Sustainability and Business Partnerships WWF Australia) - Presentation at the United Nations Association of Australia (Victorian Division) Business, Biodiversity and Ecosystem Services: Valuing the Earth's Natural Capital Seminar held in Melbourne, 20 September 2012, in partnership with National Australia Bank.

Building momentum for collective action post-Rio+20, the seminar brought together key players from business, government and civil society to discuss the challenges and opportunities in measuring the true value of nature and enhancing natural capital as a critical economic, ecological and social asset.

An expert panel addressed:
The Natural Capital Declaration and the finance sector
Australian Government perspective on natural capital and sustainability: current priorities, measurement and where Australia can make a difference
Business and biodiversity: valuing natural capital and ecosystem services in practice
The Economics of Ecosystem Services and Biodiversity (TEEB for Business)
The System of Environmental - Economic Accounts (SEEA)
Integrating the valuing and management of environmental assets into business and government decision-making processes
Experiences and opportunities for cross-sector collaboration

Guest speakers:
Rosemary Bissett (Head of Sustainability Governance and Risk, Enterprise Risk, National Australia Bank)
Malcolm Thompson (Deputy Secretary, Australian Government Department of Sustainability, Environment, Water, Population and Communities
Stuart Anstee (Chief Adviser, Biodiversity and Ecosystem Services, Rio Tinto)
Dr Joshua Bishop (Former Chief Economist, IUCN and National Manager, Markets, Sustainability and Business Partnerships, WWF Australia).
Charles Berger (Director of Strategic Ideas, Australian Conservation Foundation)

Facilitator:
Rosemary Sainty (Former Head, Secretariat UN Global Compact Network Australia and Adviser, Corporate Engagement, Transparency International Australia)

More information available at: http://www.unaavictoria.org.au/education-advocacy/masterclasses/natural-capital-seminar/

Published in: Technology, Economy & Finance
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  • 1. The Economics of Ecosystems and Biodiversity (TEEB)www.teebweb.org
  • 2.   TEEB on a T-shirt (almost)•  Biodiversity and ecosystem services (BES or “natural capital”) have significant economic value, even if it is sometimes intangible•  Environmental damage is widespread, accelerating, costly and unjust (especially to the poor and to future generations)•  Environmental values and damages are economically “invisible” due to externalities, missing property rights, lack of information, etc•  Reliable methods are available and increasingly used to measure environmental values in economic / monetary terms, at all levels•  Market-based instruments are available and increasingly used by governments to “internalize” the value of nature in economic policy and public investment•  Practical tools are available and increasingly used by companies to “mainstream” the value of nature in business strategy and operations 27 September 2012 - 2
  • 3. 27 September 2012 - 3
  • 4.  Selected WWF corporate partners (2011-12)
  • 5. Why are we doing this?  •  Beef and Sugar: The second biggest threat to the Great Barrier Reef is agricultural run-off (Great Barrier Reef Marine Park Authority, 2009)•  Forests: 9% of forest product imports to Australia have been linked to illegal logging (Jaakko Pöyry Consulting, 2005)•  Palm Oil: Palm oil plantations are the primary cause of permanent rainforest loss in Malaysia and Indonesia (UNEP, 2007)•  Seafood: 32% of the worlds fish stocks are overexploited, depleted or recovering (FAO, 2010) 27 September 2012 - 5
  • 6. Market Transformation: Our approach Finan cial Servic es 27/09/12 - 6
  • 7. WWF, Market Standards & Certification Mature Developing EmergingWWF 27 September 2012 - 7
  • 8. Natural Capital Declaration  “We therefore call upon governments to ...•  Require companies to disclose the nature of their dependence and impact on Natural Capital through transparent qualitative and quantitative reporting” 27 September 2012 - 8
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  • 11. 27 September 2012 - 11

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