30 Sep New guide to transform the food system through multi-capital assessment
Developed to support businesses in implementing the TEEBAgriFood Evaluation Framework, TEEB for Agriculture and Food: Operational Guidelines for Business provide a practical way for businesses to understand and act upon their impact and dependency on natural, human, social, and produced capital.
The Guidelines reference and build on the internationally accepted harmonized business frameworks for identifying, measuring, and valuing the business relationship with nature and people: the Natural and Social & Human Capital Protocols. The Protocols, along with the TEEBAgriFood synthesis provide additional support and context when applying these Guidelines.
These Guidelines go beyond existing guidance for business by considering the interdependencies between nature and people in the food value chain. This an important stepping stone towards mainstreaming capitals into decision making in diversified value chains and geographies.
Published alongside the Guidelines, the user template provides a clear check list of each stage, to be used by businesses applying a capitals assessment. By answering the questions and fulfilling outcomes of each step, businesses can easily document, analyze and interpret their results.