WCMC Europe, the Capitals Coalition, Arcadis, ICF and UNEP-WCMC, are pleased to inform you about the launch of the project ‘Aligning Accounting Approaches for Nature’ (Align). The Align project will assist the European Commission’s efforts to support businesses and other stakeholders in developing standardised natural capital accounting practices, including a standardised approach to biodiversity measurement.
Specifically this will include:
- Establishing and operating a dedicated natural capital management accounting platform for facilitating best practice exchange among business practitioners and relevant stakeholders;
- Establishing and operating a business-driven discussion and alignment process that can streamline and strengthen existing methods and metrics for measuring the impacts and dependencies on biodiversity, including modules for inclusion in ongoing efforts to standardise natural capital management accounting practice; and
- Defining needs and opportunities relating to education, training, and research, that are necessary for mainstreaming natural capital management accounting in the business community.
Align is a 3 year business-focused and business-driven project. We invite businesses and other stakeholders in the field of natural capital management accounting and corporate biodiversity measurement, valuation and disclosure to engage in the project throughout its lifespan. You can engage as an active practitioner within the Align Community of Practice or you can follow our activities as a Community of Interest member. Technical experts are invited to join the Technical Hub providing technical support to the Community of Practice. Further details on the objective and expectations for each group are described within the Terms of Reference on the EU B@B Platform’s website.
Align will officially be launched in an online webinar on Wednesday 10 March 2021 from 16:00-17:00 CET. This webinar will enable you to find out more about the Align project and the specific objectives of the Communities.