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Fauna & Flora International (FFI) is working to mainstream biodiversity and ecosystem services related risks, opportunities and dependencies into the decision-making strategies of investors. Our aim is to increase the sustainability of land and natural resource use by influencing the investment decisions of the mainstream finance sector. Through programmes such as the Natural Value Initiative (NVI) we help finance institutions integrate biodiversity and ecosystem services into investment decision making.
In 2012, FFI, in partnership with KPMG and the Association of Chartered Certified Accountants (ACCA), published the report ‘Is Natural Capital a Material Issue’, which assessed the relevance of biodiversity and ecosystem services to accountancy professionals and the private sector. This powerful collaboration combined the accounting expertise of KPMG, and the vast global network of accounting professionals accessible through ACCA with FFI’s knowledge of biodiversity and ecosystems services.
Following the success of the first phase of this work the partners are currently developing phase two which will build on the recommendations of the report from phase one. A series of reports will be written to target senior finance professionals to realise the awareness and understanding of Natural Capital and its relevance to the accounting profession.