Natural Capital Economics

We apply the full suite of economic and accounting techniques to valuing natural capital and the ecosystem services they provide. This includes the United Nations System for Environmental Economic Accounting (UN-SEEA) and the Common International Classification of Ecosystem Services (CICES) frameworks. We are well-versed in the underpinnings of these and other frameworks. This enables us to apply the right approach based on the intended decision-making approach. We are also across the prevailing research, allowing us to identify the benefits and limitations of each method.

Markets in biodiversity are rapidly evolving. The Commonwealth Nature Repair Bill 2023 will establish a framework for tradeable biodiversity certificates, which adds to other market opportunities in natural capital. Navigating these market requires consideration of a range of associated transaction costs, as well as commercially-driven growth in demand and supply. While biodiversity offset opportunities exist, increasingly aiming for nature-positive outcomes, challenges around metrics and durability persist. In collaboration with technical experts across the Alluvium Group, we are uniquely positioned to apply our combined technical and policy expertise, assisting our clients in effectively navigating this evolving landscape.

The voluntary Taskforce on Nature-Related Financial Disclosures (TNFD) and Taskforce on Climate-Related Financial Disclosures (TCFD) frameworks empower corporations to assess, report, and act on their nature and climate-related dependencies, impacts, risks, and opportunities. As emerging global standards, these frameworks offer companies a structured approach to understand and manage their ecological and climate footprint, and to effectively communicate their strategy to investors and the global marketplace. Leveraging expertise from across the Alluvium Group, we provide a comprehensive, single-source solution for organisations seeking to understand and respond to this crucial opportunity.

Effective natural resource management hinges on understanding diverse stakeholders, drivers, and incentives. We have cultivated deep expertise in leveraging multiple benefits and opportunities to monetise values, driving action to restore, manage, protect, and enhance nature. By integrating technical skills and knowledge from across the Alluvium Group, we deliver robust recommendations for natural capital management, engagement, and policy.