El Protocolo del Capital Natural: mostrando el valor de la biodiversidad a las empresas

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1 1 El Protocolo del Capital Natural: mostrando el valor de la biodiversidad a las empresas Marta Santamaria Technical #NatCapProtocol

2 NATURAL CAPITAL COALITION 2

3 The Coalition 3 The Coalition is a collaboration representing all parts of society. Represent c.250 organizations, all working on natural capital. Purpose To mainstream the inclusion of natural capital in decision making, harmonizing approaches and getting them to scale, quickly. Our Vision A world that conserves and enhances natural capital

4 NATURAL CAPITAL PROTOCOL AND SECTOR GUIDE DEVELOPMENT 4

5 Harmonization 5 There are many different approaches to natural capital and a lot of work has been carried out already. The Natural Capital Protocol standardizes this into a single global framework

6 A unique collaborative process 6 Developed the Protocol Developed two sector guides, and managed the business engagement and pilot testing The Coalition is hosted by ICAEW.

7 Leading companies tested the draft Protocol 7 Over 50 businesses contributed to the Protocol piloting program Deep Dives Piloted the entire Protocol Piloting companies Piloted different steps of the Protocol

8 Consultation 8 Draft Protocol and sector guides released in November 2015 for consultation 3,230 comments 453 individuals 143 organizations 5 continents covered 22 countries covered The consultation was carried out using the online collaboration tool Collaborase

9 Uptake and application 9 Since July 2016, the Protocol has already been downloaded over 5,500 times with many other copies shared. Over 100+ business participants have joined the Protocol Application Program plus 120+ from technical advisory, policy, scientific and academia institutions.

10 10 NATURAL CAPITAL PROTOCOL

11 11 Adoption of the Natural Capital Protocol mainstreams the understanding of connections between biodiversity and human wellbeing, especially in public policy and the private sector Karmenu Vella, Member of the European Commission in charge of Environment, Maritime Affairs and Fisheries

12 Introducing the Protocol 12 The Natural Capital Protocol is a standardized framework for business to identify, measure and value its direct and indirect impacts and dependencies on natural capital

13 Definitions 13 The Natural Capital Protocol is a standardized framework for business to identify, measure and value its direct and indirect impacts and dependencies on natural capital The stock of renewable and non-renewable natural resources (e.g. plants, animals, air, water, soils, minerals) that combine to yield a flow of benefits to people

14 Definitions 14 The Natural Capital Protocol is a standardized framework for business to identify, measure and value its direct and indirect impacts and dependencies on natural capital Internationally applicable across all business sectors, geographies and scopes; leverages existing approaches

15 Definitions 15 The Natural Capital Protocol is a standardized framework for business to identify, measure and value its direct and indirect impacts and dependencies on natural capital Aimed at informing business decision making with trusted, credible and actionable information

16 Definitions 16 The Natural Capital Protocol is a standardized framework for business to identify measure and value its direct and indirect impacts and dependencies on natural capital To measure: determine the amounts, extent and condition of natural capital, in physical terms, e.g. m3, tons To value: estimate the relative importance, worth, or usefulness of natural capital to people / business, in a particular context. Can be qualitative, quantitative or monetary

17 Definitions 17 The Natural Capital Protocol is a standardized framework for business to measure and value its direct and indirect impacts and dependencies on natural capital Impact: negative or positive effect of business activity on natural capital Dependency: A business reliance on or use of natural capital

18 The Natural Capital Protocol Framework 18

19 The Stages are connected and iterative 19

20 Get started: Conceptual model 20

21 Get started: Conceptual model 21

22 Get started: Conceptual model 22

23 23 CASE STUDIES AND EXAMPLES

24 Protocol Application Case Studies 24 New Case studies from 2017 Protocol Application Program: Jaguar Land Rover Skanska Dow Chemical Roche AkzoNobel Novartis Yorkshire Water Available to download from the Natural Capital Hub

25 The Protocol Applied Built Environment 25 Scope Direct operations, with impacts including: carbon, water consumption, waste, air pollution and biodiversity Outcomes and what next? Overview of their business impacts on natural capital, and highlighted the impacts for which the company needs to work on improving suitable metrics (biodiversity).

26 The Protocol Applied Pharmaceutical 26 Scope Greenhouse gas (GHG); water footprint of materials supply chain; Air emissions of energy supply chain; Pharmaceuticals in Environment (PiE) micropollutant impact in water of product use (customers); Energy, water and waste costs (already internalized costs) Outcomes Benefits from forest sink projects reach similar or greater returns than from carbon sequestration alone (protection of watersheds and increasing biodiversity)

27 The Protocol Applied Food and Beverage 27 Scope Comparing increased demand for bioplastics derived from two alternative feedstocklocation scenarios for maize and sugarcane Source: Chaplin-Kramer et al. (2017) Outcomes LCA methodologies combined with spatial resolution and predictive ecological information provide different results to those of standard LCA.

28 The Protocol Applied Apparel 28 Kering s Environmental Profit & Loss methodology, implemented across the brand to better inform decision making through natural capital valuation.

29 SECTOR GUIDES AND SUPPLEMENTS 29

30 Sector Guides and Supplements 30 Protocol Food & Beverage Apparel Built Environment Forest products Finance Oceans Biodiversity Sector Guides Supplements The Coalition will develop new guides in partnership with sector initiatives and associations

31 OVERVIEW OF COMMENTS AND FEEDBACK ON HOW THE PROTOCOL COVERS BIODIVERSITY 31

32 32 Feedback from business: Consultation phase: Consultation: Biodiversity comments 38 companies answered questions about biodiversity in their feedback forms The guidance on biodiversity was helpful and sufficient Biodiversity could have featured more often Biodiversity could have been discussed in more technical depth Biodiversity should have both featured more often and been discussed in more technical depth Portray biodiversity more extensively and less negatively Better explain underpinning role of biodiversity for ecosystem services, livelihoods, etc. Better explain the business case for considering biodiversity Make it clearer when biodiversity is irreplaceable Ensure that the language remains non technical

33 WHY CAPTURING BIODIVERSITY IN NATURAL CAPITAL ASSESSMENTS CAN BE CHALLENGING 33

34 34 Biodiversity values Diagram adapted by CCI, from the Natural Capital Protocol (2016)

35 PLANS TO STRENGTHEN THE REPRESENTATION OF BIODIVERSITY IN THE PROTOCOL 35

36 Approach 36 Collaborative, consultative approach, but need focal point Don t want to approach this from a single perspective Phased approach building support and ensuring we produce outputs that will be used Not assuming a supplement is the answer from the outset Not completely funded yet!

37 37 Project plan Phase 1: Who s doing what? Phase 2: Is a supplement the answer? Phase 3: Building the response Phase 4: Does it work? Phase 5: Rolling out, scaling up and integration Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 Stakeholder mapping and initial issue identification Scoping needs and stakeholder engagement Development of decision support tools Testing & capacity building Scaling up & roll out May-August 2017 Sept March 2018 March- December 2018 January- June 2019 July- December 2019

38 Next steps 38 Further information Website: Project summary document and CCI paper available for download Opportunity to sign up for updates Get in touch via or Fill in the survey To update opinions on biodiversity coverage and identifying existing work

39 39