Mainstreaming Natural Capital 2025
Page 21 of 23 · WEF_Mainstreaming_Natural_Capital_2025.pdf
40. British Standards Institute (BSI). (2021). BS 8632:2021 – Natural Capital Accounting for Organizations: Specification.
https://knowledge.bsigroup.com/products/natural-capital-accounting-for-organizations-specification?version=standard.
41. International Standards Organization (ISO). (2025). ISO/FDIS 14054: Natural Capital Accounting for Organizations —
Principles, requirements and guidance. https://www.iso.org/standard/43270.html.
42. Commonwealth Scientific and Industrial Research Organisation (CSIRO). (2023). The Natural Capital Handbook.
https://www.csiro.au/en/research/natural-environment/natural-resources/natural-capital-accounting/handbook.
43. Business for Nature. (2024). High-level Business Actions on Nature. https://www.businessfornature.org/high-level-
business-actions-on-nature.
44. Taskforce on Nature-related Financial Disclosures. (2023). Recommendations of the Taskforce on Nature-related Financial
Disclosures. https://tnfd.global/wp-content/uploads/2023/08/Recommendations_of_the_Taskforce_on_Nature-related_
Financial_Disclosures_September_2023.pdf?v=1695118661.
45. Natura & Co. (2023). Management by Impact – IP&L (Integrated Profit and Loss). https://ri.naturaeco.com/en/
management-by-impact-ipl/.
46. World Economic Forum. (2020). The Future of Nature and Business. https://www.weforum.org/publications/new-nature-
economy-report-ii-the-future-of-nature-and-business/.
47. World Economic Forum and UpLink. (2024). Investing in Natural Capital: Innovations Supporting Much Needed Financing
for Nature. https://www.weforum.org/publications/investing-in-natural-capital-innovations-supporting-much-needed-
financing-for-nature/.
48. United Nations Convention on Biological Diversity (2022). The Biodiversity Plan: For Life on Earth – 2030 Targets
(with Guidance Notes). https://www.cbd.int/gbf/targets.
49. References include stakeholder interviews and reports, including: UBS Sustainability and Impact Institute. (2023). Taking
root: Mainstreaming natural capital accounting to meet global biodiversity goals. https://seea.un.org/content/taking-root-
mainstreaming-natural-capital-accounting-meet-global-biodiversity-goals.
50. Lammerant, J. (2022). Improving the natural capital data flow between governments and businesses in the EU.
https://wevaluenature.eu/article/improving-natural-capital-data-flow-between-governments-and-businesses-eu.
51. Zhu, C. and Kohli, S. (2024). How to spot a nature crisis – and why we should use natural capital to combat it.
World Economic Forum. https://www.weforum.org/agenda/2024/06/3-traits-nature-crisis-natural-capital/.
52. Kohli, S. (2024). Counting the cost. China Daily. http://www.chinadailyglobal.com/a/202406/05/
WS665fad21a31082fc043caed1.html.
53. World Economic Forum. (2024). Global Risks Report 2024. https://www.weforum.org/publications/global-risks-
report-2024/.
54. United Nations Convention on Biological Diversity (2022). The Biodiversity Plan: For Life on Earth – 2030 Targets
(with Guidance Notes). https://www.cbd.int/gbf/targets.
55. Business for Nature. (2022). Make it Mandatory Campaign. https://www.businessfornature.org/make-it-mandatory-
campaign.
56. Department for Environment, Food and Rural Affairs, Government of the United Kingdom. (2024). Understanding
biodiversity net gain. https://www.gov.uk/guidance/understanding-biodiversity-net-gain.
57. Whiting, K. (2024). Climate finance: What are debt-for-nature swaps and how can they help countries?
World Economic Forum. https://www.weforum.org/agenda/2024/04/climate-finance-debt-nature-swap/.
58. Network for Greening the Financial System. (2024). NGFS publishes two complementary reports on nature-related risks.
https://www.ngfs.net/en/communique-de-presse/ngfs-publishes-two-complementary-reports-nature-related-risks.
59. Financial Stability Board. (2024). Stocktake on Nature-related Risks: Supervisory and regulatory approaches and
perspectives on financial risk. https://www.fsb.org/2024/07/stocktake-on-nature-related-risks-supervisory-and-
regulatory-approaches-and-perspectives-on-financial-risk/.
60. Green Finance Platform. (2022). Sri Lanka Green Finance Taxonomy. https://www.greenfinanceplatform.org/policies-and-
regulations/sri-lanka-green-finance-taxonomy.
61. Damania, R. et al. (2023). Detox Development: Repurposing Environmentally Harmful Subsidies. World Bank.
http://hdl.handle.net/10986/39423.
62. United Nations Convention on Biological Diversity (2022). The Biodiversity Plan: For Life on Earth – 2030 Targets
(with Guidance Notes). https://www.cbd.int/gbf/targets.
63. World Bank. (2024). Global Carbon Pricing Revenues Top a Record $100 Billion. https://www.worldbank.org/en/news/
press-release/2024/05/21/global-carbon-pricing-revenues-top-a-record-100-billion.
64. Global Commission on the Economics of Water. (2023). Water Pricing, Costs and Markets. https://watercommission.org/
wp-content/uploads/2023/03/Wheeler.pdf
65. Business and Sustainable Development Commission. (2017). Valuing the SDG Prize. https://s3.amazonaws.com/aws-
bsdc/Valuing-the-SDG-Prize.pdf.
66. World Economic Forum and UpLink. (2024). Investing in Natural Capital: Innovations Supporting Much Needed Financing
for Nature. https://www.weforum.org/publications/investing-in-natural-capital-innovations-supporting-much-needed-
financing-for-nature/.
Mainstreaming Natural Capital: Advancing the Global Agenda to Integrate Nature in Decision-Making
21
Ask AI what this page says about a topic: