In this month's newsletter:
- Time to Take Stock Working Paper Launched - helping organisations implement natural capital accounting to improve risk management
- eftec Director Ian Dickie Joins New Expert Advisory Group to the CCC - advising on how private and public finance can support adaptation in the UK
- We've Moved! - our new office
Time to Take Stock Working Paper Launched
eftec has collaborated with PointAdvisory, The University of Pretoria, and IDEEAGroup to produce Time to Take Stock, a working paper that helps organisations implement natural capital accounting in order to improve risk management.
For years, corporations, governments, and NGOs have been conducting natural capital assessment and accounting exercises that notionally include natural capital. However, in practice, they often fall short of adequately recognising and measuring the changes in the state of the underpinning biophysical assets.
With the Science Based Targets for nature (by the SBTN) and the Taskforce for Nature-related Financial Disclosures (TNFD) being developed, now is the time to take stock of how biophysical assets should be identified, measured, recorded, summarised, and reported.
This working paper was launched by Capitals Coalition on 11th May to contribute to this discussion. Please reach out to John Finisdore for more information on this paper and to provide questions and feedback.
eftec Director Ian Dickie Joins New Expert Advisory Group to the CCC
The Climate Change Committee (CCC) is investigating the potential to unlock private sector investment in climate adaptation activities. eftec Director Ian Dickie has been appointed as a member of the new expert advisory group of independent external experts for this work.
The advisory group’s role is to provide guidance and advice into how and why private and public finance can effectively support aspects of adaptation in the UK, and the role of Government as a facilitator. Sam Fankhauser (Oxford Smith School) is Chair of the group, channelling its advice into production of a CCC report by the end of 2022.
After 5 happy years at 4 City Road, we have moved up the road to a bigger and brighter space at the top of Shoreditch.
There's plenty of work ahead to get the space in order and we are looking forward to welcoming our staff, clients, partners, and friends to our new office as soon as we can.
Our new address is 10F Printing House Yard, Hackney Road, London E2 7PR.