International experts will arrive this September to explore how new Natural Capital approaches can benefit the Isle of Man.
It may be unexpected, but one of the fastest developing areas of investment and valuation is surrounding us in our everyday lives. Along side the trend in social investment, and the increasingly environmental conscious investor or customer, Natural Capital is becoming an increasingly valuable tool and business opportunity.
The impacts of the environment on business risk is well understood internationally (e.g. see WEF Risk Report 2018), and there are considerable moves to use markets as tools to enable a more sustainable future (e.g. Carbon trading). The growing international movement for Natural Capital accounting has moved a long way since the first valuation of services from the world around us ($33 trillion p.a. back in 1998) and future includes insurers, utilities, corporate accounting, and perhaps most interesting of all is the new investment mechanisms coming out of the United States and elsewhere.
An event in September offers a chance to find out more, contribute to what this may mean for the Isle of Man and learn from international expertise.
Download the programme here.