Natural Capital Event

We are joined by Dr Stephanie Hime, lead specialist in Biodiversity and Ecosystems for KPMG.

Stephanie has worked in environmental economics consulting for the private sector and government on a number of high profile projects including the Severn Tidal Barrage. She has also worked as a senior research associate at the University of East Anglia where she worked on a project to determine the value/cost of the water framework directive.

The loss of natural capital is posing a new array of risks to business ranging from increasingly severe competition for access to resources, to tightening regulation and greater and more costly hurdles to accessing finance. A trend is emerging that attempts to use accounting practices to better understand the implications of the loss of natural capital for governments and for business. ACCA , FFI and KPMG have worked together and have produced a new research report (launching 9 November 2012) to determine how prepared business is for these changes.