Globally, the race is on to reduce emissions and protect ecosystems – as limiting warming to 1.5C is only possible by doing both.

Markets have not traditionally accounted for the benefits of nature, yet our economies are entirely dependent on the natural world.

Measuring and valuing natural assets and the services they provide as ‘natural capital’ can encourage investment in nature.

But until now there has been no agreed way to measure natural capital. Climateworks Centre has been working to fill that gap.

After four years working with industry, government, stakeholders and experts, Climateworks has released version 1.0 of the Natural Capital Measurement Catalogue.

This digital resource includes an agreed, evidence-based set of metrics for natural capital and information on how to use them.

Climateworks CEO Anna Skarbek hosts this webinar exploring the catalogue, its uses and the emerging international disclosure frameworks it’s aligned with.

Food, Land and Ocean System Lead Liam Walsh outlines the development of the catalogue – what we did, who we worked with and how it can help Australia meet its climate goals.

Program Impact Manager Eithne Cahill showcases the catalogue and some of the ways it can be used for natural capital assessment and accounting. 

The event features an interview between Anna Skarbek and Carolin Leeshaa, Natural Capital & Biodiversity Lead with KPMG and member of the international Taskforce on Nature-related Financial Disclosures, who sits on the Advisory Council for the Climateworks initiative behind the catalogue. 

This webinar was recorded live on Tuesday 12 September 2023.

ABOUT THE PANEL

Carolin Leeshaa
Taskforce Member, Taskforce on Nature-related Financial Disclosures

Carolin is the National Lead Natural Capital & Biodiversity at KPMG Australia, where she advises government, financial services, and corporate clients to integrate nature in policy, strategy, investment and risk management, reporting, decarbonisation transition planning and the design of innovative ‘Finance for Nature’ funding solutions across the full spectrum of the capital continuum.

Carolin has significant experience in capital markets, sustainable finance and risk management at major financial institutions and architected multi-sector systems-change initiatives linking regenerative economic development with social equity and climate resilience in regional Australia. She is a leading ESG voice and market commentator and has been actively involved in national policy, global biodiversity standard setting and reporting change and represents KPMG International as a Member on the Taskforce on Nature-related Financial Disclosures.

Liam Walsh
System Lead, Food Land & Ocean

Liam leads Climateworks’ efforts to reduce emissions within the Food, Land & Ocean system across Australia, Southeast Asia and the Pacific. Liam has varied experience working with different actors across our global food system to drive change, including major companies and government actors in Australia, Vietnam, Kenya, Liberia and the UK.

Eithne Cahill
Program Impact Manager – Natural Capital

Eithne leads Climateworks’ Natural Capital Investment Initiative, which seeks to better integrate and make visible the value of nature in corporate and government decision-making. With a passion to drive food system transformation, Eithne brings an extensive and diverse skill set to her role, having led food, nutrition and health programs for leading local and international food corporations, primary industries, start-ups and not-for-profits.

HOST

Anna Skarbek
CEO, Climateworks Centre

A former banker and green policy adviser, Anna has been CEO of Climateworks since 2009, leading our work to increase ambition in Australia, Asia-Pacific and Southeast Asia to limit warming to 1.5 degrees Celsius.

In 2023, Anna was appointed to the Australian Government’s Net Zero Economy Agency Advisory Board and the Victorian Government’s State Electricity Commission Expert Advisory Board. In 2022, Anna joined the Glasgow Financial Alliance for Net Zero (GFANZ) Asia-Pacific Advisory Board.

Anna was a founding board director of the Clean Energy Finance Corporation and the Carbon Market Institute, and is currently a director of the Green Building Council of Australia, the Centre for New Energy Technologies and Sentient Impact Group.