Resource type:
Business
EU project stamp:
No
Link to knowledge resource
Main entity:
World Business Council for Sustainable Development (WBCSD)
Type of entity:
IGO
Key themes:
Green infrastructure
Societal challenges:
New Economic Opportunities & Green Jobs and Participatory Planning and Governance
Social Justice and Social Cohesion
Scope:
Global
Description:
NI can help companies harness the services that nature offers (ecosystem services) as a substitute to so-called gray infrastructure (such as dams and water treatment plants). In some cases, NI may provide more benefits than gray infrastructure, while fulfilling the same function, being equally efficient, and providing the same level of performance. Businesses increasingly realize that they depend directly or indirectly on environmental resources (or natural capital) in many ways, and are trying to preserve natural capital to reduce their exposure to risk. By investing in NI, they can reduce costs, improve operations, generate financial gains, or enhance their reputation.
Semester theme:
3. Standards
Date:
2016
Language:
EN
