The first Steering Group meeting was held on 17th April 2014. The group discussed the desired outcomes from the initiative: 


  • 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  


  • Communicate Natural Capital Accounting benefits 
  • Translating research into tangible results & sharing expertise  


  • Mechanism for improving natural capital protection  
  • Decision-making tools
  • Using NCA to generate income  
  • Data to inform and avoid financial risks