Author Archives: Sophus zu Ermgassen

Gains or pains? Natural capital – and how to use it

Gains or pains? Natural capital – and how to use it

‘Business is often unaware of its true reliance on nature… The new model for business seeks to integrate the real value of nature into its thinking’ – UK Government Ecosystem Markets Taskforce, Realising nature’s value Nearly all businesses rely on natural capital in some form, yet its importance to business performance is often routinely under-appreciated… Read more

One, two, free: how natural capital accounting can help drive environmental sustainability through corporations

One, two, free: how natural capital accounting can help drive environmental sustainability through corporations

Corporations are beginning to take the natural capital that their businesses rely on seriously. From 2013-2014 there was a 34 per cent increase in the number of corporations mentioning ecosystem service provision or natural capital in their annual reports[1]. There is also a growing awareness of the economic value of natural processes and the ways… Read more

Internalising the externalities: how can businesses incorporate the value of nature into decision-making?

Internalising the externalities: how can businesses incorporate the value of nature into decision-making?

“Climate change presents a unique challenge for economics: it is the greatest and widest-ranging market failure ever seen.” -The Stern Review on the Economics of Climate Change The loss of wild nature The loss of wild nature is a case study in what happens to mutually beneficial resources when there is no adequate accounting and… Read more