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He manages Trucost partner network and has led several large bespoke projects including the Natural Capital Coalition's seminal study on natural capital accounting, 'Natural Capital at Risk: The Top 100 Externalities of Business'.
But "natural capital accounting" has some way to go.
Meanwhile, the European Commission's Natural Capital Accounting programme is developing its own framework to help companies determine what form of natural capital accounting to adopt, and the global multi-stakeholder Natural Capital Coalition is working on a natural capital protocol.
The World Bank has just launched a new initiative, natural capital accounting, to factor the cost of natural resources such as ecosystems, clean water and air into decisionmaking.
So I am pleased to support the World Bank's 50/50 campaign, asking governments and businesses to commit to natural capital accounting – a joint call to action.
None can: despite advances in natural capital accounting and other similar methodologies, non-financial impact evaluations still involve a hefty dose of guesswork – particularly around intangible social metrics such as civic cohesion or personal fulfilment.
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The answer seems obvious: financial deregulation, including capital account liberalization.
A closed capital account has protected the financial system.
China's capital account is not entirely closed.
The capital accounts for 30 seats in the 290-seat Parliament.
The two types of accounts used are the current account and the capital account.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com