Natural Capital

Promoting A Sustainable Agriculture & Food Sector

The Economics of Ecosystems and Biodiversity for Agriculture and Food (TEEBAgriFood) initiative brings together scientists, economists, policymakers, business leaders and farmers organizations to undertake and apply holistic assessments of agricultural systems, practices, products and policies.

Through its work, the initiative highlights the need for organisations in the food system to better understand their impacts and dependencies on natural, social and human capital, and provides them with the guidance to apply this information in their decisions in ways that deliver benefits across the system.

As part of a new project generously supported by the EU, the Capitals Coalition work with IBCSD as part of this global UNEP project, with the overall goal of building resilience, mainstreaming best practice, protecting biodiversity and contributing to a more sustainable agriculture and food sector in Indonesia. Other seven EU partner countries are: Brazil, China, India, Indonesia, Malaysia, Mexico and Thailand.

Transforming the system

The ways in which the global food system depends on the health of natural ecosystems is clear. It’s also clear that the current degradation of natural systems impacts not only on agri-businesses, but also on workers, local communities, food security, public health, the economy and the climate.

Positive interventions in the food system therefore have the ability to generate benefits that cascade through nature, society and the economy.

To successfully transform the food system, we need to:

Our role

Over the next three years, the Capitals Coalition and IBCSD will engage and partner with agri-business networks through the following activities:



1. Develop guidelines for business application, outlining how they can take better decisions based on assessment, measurement and valuation of invisible flows and stocks level of natural, social and human capitals across agri-food value chains. An international and high-level panel Steering Committee pilot the construction of these guidelines.



2. Boost country-wide collaboration, building strong and robust country-level networks. The Capitals Coalition is creating strategic partnerships with local actors. In 2020, webinars on sustainable agriculture are organized in the seven countries partners.




3. Organize roundtables in each country, bringing together key stakeholders to discuss geographically-specific challenges, best practices and collaborate on the development of new guidelines based on the TEEBAgriFood Evaluation Framework and the Natural and Social & Human Capital Protocols.




4. Build capacity through training programs, providing the knowledge and support from experts to carry out natural, social and human capital assessments and pilot studies. Participants will be able to integrate their understanding into their day to day business activities.




5. Consolidate practical cases application, share evidence and scale up guidance to a global audience for the transformation of decision-making in the world agri-food sector.

For more info, please refer to this document:

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Our Previous Collaboration



Natural capital is one of main resources of a business. The concern of private sector towards natural capital is the form of investment contributing to the business sustainability itself. Aware of this importance, IBCSD establishes:

Working Group on Ecosystem

  • IBCSD believe that companies need to review and assess all the risks and opportunities in term of ecosystem associated with the operation of the company.
  • However, the relationship between ecosystems and the foundation of the company’s operations sometimes cannot be understood easily.the importance of the relationship between ecosystem management and business operations of each company in the context of mainstreaming the sustainability in economic growth, ecological balance and social development underlie the formation IBCSD Working Group on Ecosystem which will be focused in three main agenda;
  • Business Ecosystems Training (BET
  • Corporate Ecosystem Services Review (ESR)
  • Guide to Corporate Ecosystem Valuation (CEV)

Working Group on Energy Conservation

  • Energy conservation is a part of a series from Indonesia Vision 2050 agenda that acts as a platform for IBCSD towards better livelihood of humanity with enough natural resources.
  • The importance of understanding and sustainably managing Indonesia natural resources for the business sector is the basis of this program. In general, the program consists of:
    • Energy Efficiency in Buildings
    • Energy Audit
    • Energy Manager Training and Certification


 

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