Why natural capital?
The concept of natural capital provides a way to understand the value nature provides and our dependence on it.
Our current economic systems treat nature’s contributions as external, unrelated to society as a whole. Experts warn human-caused biodiversity loss poses as much of a threat to our planet as climate change - and the issues are interlinked.
Legislators and leaders are increasingly incorporating natural capital into their decision-making, as they recognise: "Our economies, livelihoods and wellbeing all depend on our most precious asset: Nature" - The UK Treasury's Dasgupta Review.
NCI advocates for the use of Natural Capital Accounting tools in Irish policy - it provides an integrated approach and a common language to help ensure all of nature is properly accounted for across all sectors of society.
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