On November 8, from 09:30 to 13:45 pm (CET), will take place the hybrid event “Measuring what matters. Impacts and dependencies upon natural capital of the Spanish energy sector,” co-organized by por Azentúa and Ecoacsa –company that promotes the Natural Capital Factory (Spanish hub of the Capitals Coalition), in collaboration with the eight energy companies members of the Natural Capital and Energy Working Group: Cepsa, EDP España, Enagás, Endesa, Iberdrola, Naturgy, Redeia – formerly Grupo Red Eléctrica – and Repsol.
During the event the results of three-years of collaborative work among the members of the working group will be presented. Over this period and with the Natural Capital Protocol as an ally, they have shared efforts, knowledge, and synergies to better understand their relationship with natural capital, deepen their knowledge of the natural assets and ecosystem services on which their businesses and environmental assessment depend, and implement a harmonized framework to incorporate nature into their decision-making.
The main results of this shared effort are:
- A sectoral document identifying the specific impacts and dependencies upon natural capital of the energy sector.
- A common, practical, and efficient framework and methodology for the identification and measurement of the degree of relevance of ecosystem services for the activities and sub-activities developed by the energy industry.
- A series of matrices, at a sectoral scale and by technology, of the impacts and dependencies on natural capital of the energy industry.
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