First Steering Group Meeting
The first Steering Group meeting was held on 17th April 2014. The group discussed the desired outcomes from the initiative:
UNDERSTANDING
- Understanding potential negative impact on
– Scottish economy of mismanaged natural capital
– Scottish natural capital of misused natural capital accounting - Understanding business opportunities for own organisation associated with Natural Capital Accounting
- Understanding business risk of poorly managed natural capital
- Catching up with/staying ahead of similar organisations
- Create benefits for nature
COMMUNICATING
- Communicate Natural Capital Accounting benefits
- Translating research into tangible results & sharing expertise
TOOLS
- Mechanism for improving natural capital protection
- Decision-making tools
- Using NCA to generate income
- Data to inform and avoid financial risks