Putting a value on Nature

Mike Cahn's picture

Natural Capital IrelandFar-reaching government policy decisions are made based on numerical measures of value and cost.  The problem is that these decisions ignore things that we know are important but can't easily be measured, such as our relationship with nature and the environment. 

"Natural Capital" describes a way of putting a value on nature and integrating this value into accounting and reporting systems at EU and national level.  Ireland is legally committed to doing this, but there has been little awareness of the issue until recently. 

The website promotes the Natural Capital conference, which will highlight and advance this important task with government, private and semi-state corporations, national institutions and the general public.  The conference will take place in Dublin and will host leading international figures in this field.