Natural capital – our ecosystems, biodiversity, and natural resources – underpins economies, societies and individual wellbeing. The values of its myriad benefits are, however, often overlooked or poorly understood. They are rarely taken fully into accountthrough economic signals in markets, or in day to day decisions by business and citizens, nor indeed reflected adequately in the accounts of society. The steady loss of forests, soils, wetlands and coral reefs is closely tied to this economic invisibility. So too are the losses of species and of productive assets like fisheries, driven partly by ignoring values beyond the immediate and private. We are running down our natural capital stock without understanding the value of what we are losing. Missed opportunities to invest in this natural capital contribute to the biodiversity crisisthat is becoming more evident and more pressing by the day. The degradation of soils, air, water and biological resources can negatively impact on...

Air PollutionYou probably experienced pollution – it’s the smogand other contaminants that float in the air webreatheIn some cities around the world, such as LosAngeles, Mexico City and China, you can hear radioor TV alerts like the following :- Alert, today the level of pollution in the air is high- Children and the elderly should not go outside- Those who practice an outdoor sport should not do so- People with asthma should carry their inhalers at all times- The rest should avoid going out, or wear a mask when doingsoParallel crises- Financial crisis, spilling over into theeconomy- Climate crisis- Ecosystem/natural resources crisis –two thirds of our most importantecosystems – like tropical forests, farmland, fresh water and marine

This Briefing Document, by Tomorrow’s Company, summarises the international initiative on ‘The Economics of Ecosystems and Biodiversity’ (TEEB), and focuses on the roles that businesses can play in that initiative. It presents the business case for the conservation of ecosystems and biodiversity. The Tomorrow's Company Briefing Documents are intended to provide the reader with a comprehensive introduction to a particular topic. You can find the full list of Briefing Documents on forceforgood.com here. 

An outstanding presentation put together by Joshua Bishop and of great value and contribution to 'The economics of ecosystems and biodiversity' (TEEB)  for business report.

We argue that tomorrow’s company will be operating in an era and a new business environment in which value creation depends on environmental and social issues as much as on economic ones – what we call the ‘triple context’. More than ever, companies will need to think in terms of their own sustainability and that of the ecosystems and communities in which they operate. We believe this means that companies should think afresh about what they mean by ‘talent’. At present most companies reserve the word ‘talent’ for high fliers who are destined to become top executives or high-level specialists. This is too narrow a view for a world with multiple challenges, needing people with a wide range of capabilities. Talent, we argue, is all around us waiting to be unleashed. Contrary to popular belief and practice we argue that ‘talent’ should not be seen as a rare quality, but a diverse, multifaceted one that exists in everyone; it is abundant. It is a nice quirk of the English language that...