Natural Capital Initiative
The Natural Capital Initiative (NCI) is a partnership between four leading scientific organisations in the UK: the Royal Society of Biology, the British Ecological Society, the Centre for Ecology and Hydrology and the James Hutton Institute.
NCI's mission is to support decision-making that results in the sustainable management of our natural capital. NCI facilitates dialogue between people from academia, policy, business and the civil society. It also communicates independent and authoritative scientific evidence for natural capital decision making across the UK.
NCI’s aim is to be an independent and trusted forum through which decision-makers from academia, business, policy and the civil society can engage in meaningful cross-disciplinary and cross-sectoral dialogue. The goal is to embed natural capital thinking in policy and practice based on the best available evidence from across the natural and social sciences.
Since 2009, the NCI has organised numerous workshops, seminars and dialogue sessions to discuss the value of nature and its services to people. NCI’s “Valuing our life support systems” conferences have brought together influencers across academia, policy, business and the civil society to shape the conversation around natural capital. We are celebrating our 10th anniversary by organising the third “Valuing our life support systems” conference in May 2019.
What is natural capital?
Natural capital refers to nature’s value to people. Natural capital has become an increasingly popular metaphor for the features of the natural environment that underpin society, the economy and wellbeing. The concept of natural capital is attractive to business and government alike. It puts the natural environment on an equal footing to financial, manufactured, human and social capital. In doing so, it is bringing about a step change in how the environment is prioritised and valued throughout society and in the economy.