Natural capital accounting has emerged as a key process and tool to aid business assessments, understanding, management and action related to nature.

The Capitals Coalition, together with a wide range of actors including the World Business Council for Sustainable Development (WBCSD) and the Value Balancing Alliance (VBA), have contributed to developments in the field. But challenges remain relating to methods, valuation and business applications, with calls for standardization increasing. 

This report seeks to inform the standardization process. It focuses particularly on measurement and valuation, analyzing some of the leading practitioners from businesses and resources in this field to help identify potential gaps and development opportunities.