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Project 2.7

Natural capital accounting in the mining sector

Project 2.7, Business case, gap analysis and roadmap

Project 2.7, Case study report

Project 2.7, Guidance

Project 2.7, Forecasting and planning tool

Dig Deeper Webinar: Natural Capital Accounting

Research Program

Risk, Evaluation and Planning

Project Leader

Associate Professor Bryan Maybee

Project ID

2.7

Summary

CRC TiME, the Australian Government Department of Climate Change, Energy, the Environment and Water and CSIRO are working together to support natural capital accounting across the mining sector.

Funded by the Australian Government, the project involves:

  • Developing a roadmap and business case to support mainstreaming of natural capital accounting across the sector.
  • Trialling natural capital accounts at four sites to understand how current or future data collection can complement state and national data for natural capital accounts.
  • Testing usability of resulting accounts within the Taskforce on Nature-related financial Disclosures beta framework.

Through these activities, the project will inform a consistent, efficient and effective approach to natural capital accounting in Australia’s mining sector. Doing so will enable greater adoption, help to meet increasing disclosure expectations and support improved biodiversity and conservation outcomes.

Project Partners

Department of Climate Change, Energy, the Environment and Water, CSIRO, Curtin University, Murdoch University, Minerals Council of Australia, BHP, Alcoa, Digital Finance CRC, Western Australian Biodiversity Science Institute

Duration

12 months