Paris, 28 November 2018: The Natural Capital Coalition announced today that it has appointed the Business Council for Sustainable Development Australia (BCSD Australia) as the lead organization for the newly established Australian Natural Capital Platform.

The Australian Natural Capital Platform is the latest regional platform in a growing network of Natural Capital Regional Platforms created by the Natural Capital Coalition around the world.

The Regional Platforms will each be an association of interested parties coming together at different levels to collaborate and advance natural capital thinking. The Platforms will provide a space for geographic and context-specific challenges and opportunities to be discussed among stakeholders. The work and conversations taking place in the Platforms will be fed back to the global Coalition to inform its collective, global strategy and inspire the international community.

Andrew Petersen, CEO of BCSD Australia, said, “Our objective is to localize the important global work on natural capital accounting into Australian business decision-making processes. We also plan to build an understanding and capacity for Australian policymakers to utilise the Natural Capital Protocol as the bridge to the establishment of a National Environmental – Economic Framework, the establishment of which was committed to by Australia’s federal and state environment ministers.”

“We will be drawing on the vast expertise of our member organisations as we build the Australian platform and are excited to already have an Australian Natural Capital event planned for the first quarter of 2019 to coincide with the Australian Government’s Biodiversity Conservation Review Paper.”

“We’re thrilled that BCSD Australia will be leading the newly established Australian Natural Capital Platform,” said Mark Gough, Executive Director of the Natural Capital Coalition. “Natural Capital Regional Platforms connect leaders and leading initiatives at national, sub-national, regional or local levels to ensure that the right people are communicating across the system.

“BCSD Australia is perfectly positioned to help us harmonise the fantastic work taking place in Australia, and we look forward to collaborating with them on this critically important work,” said Mr. Gough.