The Toolkit is an interactive database that helps businesses find the right tool to measure and value natural capital as they use the Natural Capital Protocol. A tool can be any resource, methodology or approach that is relevant to natural capital measurement and valuation. If your business is working with any kind of natural resources the Toolkit will be the one stop shop for tools helping measuring and valuating the impact of your activities and how to operate more sustainably. Tool selection varies on business context, resources and needs. The Toolkit will complement and facilitate business uptake of the Protocol by consolidating the wealth of tools available for natural capital measurement and valuation, and mapping them against the Protocol framework.
The Toolkit is a brand new resource that will help companies implement the Natural Capital Protocol, the first-ever standardized framework for measuring business impacts and dependencies on nature. The Natural Capital Protocol does not recommend specific tools or methodologies. The toolkit aims to fill that gap. The Protocol and Toolkit will help businesses address natural capital depletion by improving understanding, measurement and decision-making.
The World Business Council for Sustainable Development (WBCSD) has developed the Toolkit, with the Natural Capital Coalition as a strategic partner. We have had critical input from a multi-disciplinary Advisory Group.