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WEBINAR: Combining Forces on Natural Capital: Working with the Private Sector

Date: September 3rd 2020
Time: 11:00 - 12:30 UTC / 13:00 - 14:30 CEST / 14:00 - 15:30 EAT / 07:00 - 08:30 EDT
 
Context
As part of the Africa NCA Community of Practice (CoP), the Capitals Coalition offers to host an introductory webinar on the subject of “Combining Forces on Natural Capital: Working with the Private Sector”.
This webinar is inspired by feedback from the community in July 2020, where approximately 40% of the membership expressed an interest in “engaging with the private sector” in relation to natural capital accounting.
 
Objective
The objective of this webinar is to raise understanding within the CoP of how businesses can interpret natural capital approaches, and to inspire further discussion on how private sector engagement might be productive to the African NCA community.
To achieve this objective, the webinar will:
  • Offer the CoP community an introductory overview to how businesses across the world have engaged with natural capital in its broadest sense, and what drives business action.
  • We will then assess these private sector efforts in relation to NCA; what elements are shared, and where there are differences. Critically, we will look at where opportunities have emerged for greater collaboration and alignment. This material will be taken from the Capitals Coalition’s “Combining Forces” project.
  • We will hear from two projects within Africa who are already engaging the private sector on natural capital, including the ambitions for scalability.
  • Participants and panellists will then discuss if and how such efforts might be explored further and what benefits the NCA community could realise through closer engagement with business. This includes seeking suggestions for future case studies.
The webinar used live polling to gather feedback from participants. 

Video recording of the webinar

Webinar's agenda:
Time What Who
5 mins Welcome  Peter Katanisa, 
 World Bank
10 mins

Why the private sector?

Overview presentation of how businesses around the world have engaged with natural capital as a concept, and what drives their interest.

 Hannah Brooke, 
 Capitals Coalition
15 mins

How does this relate to NCA?

A more technical analysis of how private sector efforts relate to NCA in practice; what elements are shared, and where there are differences.

To include practical suggestions for greater collaboration and alignment. Material will be taken from the Capitals Coalition’s “Combining Forces” project.

 Martin Lok, 
 Capitals Coalition
15 mins

Case study 1: NCA and South Africa’s forestry sector

Presentation of a new project in South Africa, where SEEA methodology is applied to a forestry company with the objective of informing more sustainable landscape management.

 Steve Germishuizen, 
 Sustainable African  Forest Assurance  Scheme
15 mins

Case study 2: Subject TBC

[Example of where natural capital information has been applied to either agricultural or infrastructure business in Africa]

 Speaker TBC
30 mins

Moderated discussion

Open Q&A with audience.
Guided questions will include if and how engagement with the private sector could benefit the African NCA community and will open suggestions for future case studies.

 All speakers


Outcomes

Webinar slides and recording will be made available to all participants and NCA CoP members after the event.
If there is sufficient interest from the NCA CoP participants to explore the opportunities for private sector engagement, we will propose a dedicated working group to the Steering Committee. An separate concept note will be produced for this purpose.