Contributors Acknowledgements Matthew Arnold Global Head, Impact Finance and Markets, The Nature Conservancy Ben Caldecott Founding Director, Oxford Sustainable Finance Group, University of Oxford Phil Cryle Principal, Natural Capital, BHP Group Limited Gretchen Daily Bing Professor in Environmental Science and Faculty Director of the Stanford Natural Capital Project, Stanford University Douglas Eger Chairman and Chief Executive Officer, Intrinsic Exchange Group (IEG) Mark Gough Chief Executive Officer, Capitals Coalition Anthony O’Grady Senior Principal Research Scientist, Environment Unit, Commonwealth Scientific, Industrial and Research Organization (CSIRO) Valerie Hickey Global Director, Climate Change Department, World Bank Naoko Ishii Director, Center for Global Commons, University of Tokyo Martin Lok Executive Director, Capitals CoalitionDorothy Maseke Head, African Natural Capital Alliance (ANCA) Secretariat; Africa Lead, Nature Finance & TNFD, FSD Africa Emily McKenzie Technical Director, Taskforce for Nature-related Financial Disclosures (TNFD) Swapan Mehra Founder and Chief Executive Officer, Iora Ecological Solutions Zhiyun Ouyang Professor, Research Center for Eco-Environmental Sciences, Chinese Academy of Sciences Marc Palahí Chief Nature Officer, Lombard Odier Group Camilo Santa Biodiversity and Natural Capital Specialist, Inter-American Development Bank Laura García Vélez Nature Specialist, Lombard Odier Group Eva Zabey Chief Executive Officer, Business for Nature Production Bianca Gay-Fulconis Designer, 1-Pact EditionWorld Economic Forum Shivin Kohli Lead, Financing for Nature Akanksha Khatri Head, Strategy and Impact, Centre for Nature and Climate Jonathan Walter Consultant writer The World Economic Forum would like to extend its gratitude to the following individuals for their valuable contributions to this report. The paper does not necessarily reflect the views of these individuals and/or their organizations. Expert advice is purely consultative in nature and does not imply any association with the takeaways or conclusions presented within this paper. Mainstreaming Natural Capital: Advancing the Global Agenda to Integrate Nature in Decision-Making 18

Mainstreaming Natural Capital 2025