Natural capital accounting in the mining sector
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