Professor Jeremy Williams, Director of the Asia Pacific Centre for Sustainable Enterprise, recently delivered a keynote address at the Emerging Markets Dialogue symposium in Mumbai, India. The symposium, entitled ‘Natural Capital: Relevance to Financial Institutions in Emerging Economies’, was sponsored by GIZ-India working on behalf of the Federal German Ministry for Economic Cooperation and Development (BMZ), the UN Environment Programme Finance Initiative (UNEP FI) and YES Bank.
In his follow up blog How accountants are helping to save the world, Jeremy discusses the case for integrating Natural Capital into our financial systems as an economic adaptation strategy that could see the emergence of a new form of corporate reporting and a new ‘smarter’ way of measuring GDP.