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EU Valuing Nature Programme and Network

EU Valuing Nature Programme and Network

Objective

The overall objective of EU-VNP-Net is to establish, support and energise an EU Valuing Nature Network of Networks (EU-VNN) and to implement a prioritised EU Valuing Nature Programme (EU-VNP) that, together, build synergies and collaborations among relevant existing and emerging networks (global, EU, national, sector, thematic, research and innovation), accelerate mainstreaming and operationalization of natural capital (NC) by businesses across the EU – in particular through uptake of NC assessment, NC accounting (NCA), nature-based solutions (NBS) and green infrastructure (GI) – and thereby contribute to the green economy and sustainable development. The EU-VNP will: (1) bring together, taking stock of and showcase relevant work being undertaken in the EU; (2) shape business perception in the EU of the value of nature as a business opportunity and as a means of reducing business risk and fostering sustainable business; (3) facilitate corporate uptake in the EU of the Natural Capital Protocol, which enables businesses to integrate NC in to business decision-making frameworks and models; (4) stimulate uptake in the EU of NCA so that businesses and their stakeholders are better aware of the value of nature in relation to business, and strengthen coherence between private and public sector work on NCA; (5) stimulate uptake in the EU of NBS, GI and related ecosystem-based solutions that enable businesses to reduce impacts and dependencies on NC and deliver benefits for both nature and business; (6) ensure that approaches adopted are optimal and scientifically rigorous; (7) explore options for a longer-term EU-VNN and/or EU-VNP beyond end of project. EU-VNP-Net will deliver impact through: (1) mainstreaming NC assessment, NCA, NBS and GI in business decision-making frameworks and models; (2) business decision-makers acknowledging the micro-and macro-economic relevance and value of NC approaches; (3) attracting private and public funding for further adoption.

Coordinator

INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES

Address

Chartered Accountants Hall Moorgate Place
Ec2r 5ea London

United Kingdom

Activity type

Research Organisations

EU Contribution

€ 995 611,25

Participants (4)

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WORLD BUSINESS COUNCIL FOR SUSTAINABLE DEVELOPMENT

Switzerland

EU Contribution

€ 435 743,75

UNION INTERNATIONALE POUR LA CONSERVATION DE LA NATURE ET DE SES RESSOURCES

Switzerland

EU Contribution

€ 318 937,50

UICN, BUREAU DE REPRESENTATION AUPRES DE L'UNION EUROPEENNE AISBL

Belgium

EU Contribution

€ 99 650

OPPLA EEIG

Netherlands

EU Contribution

€ 342 483,75

Project information

Grant agreement ID: 821303

Status

Ongoing project

  • Start date

    1 November 2018

  • End date

    31 October 2021

Funded under:

H2020-EU.3.5.2.

  • Overall budget:

    € 2 192 426,25

  • EU contribution

    € 2 192 426,25

Coordinated by:

INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES

United Kingdom