Further work is needed on the natural capital accounting and assessment methodology, but this should not stop the Government and businesses using natural capital accounting now. Accounting for natural capital in some way, is better than ignoring it completely because the system is not yet perfect. As a world leader in the development of natural capital accounts, the UK has an important role to play in promoting this practice international.

Further work is needed on the natural capital accounting and assessment methodology, but this should not stop the Government and businesses using natural capital accounting now. Accounting for natural capital in some way, is better than ignoring it completely because the system is not yet perfect. As a world leader in the development of natural capital accounts, the UK has an important role to play in promoting this practice international. Type: conclusion | Number: 61 | Paragraph: 299 | Response status: not_addressed Government response: The UK is already demonstrating global leadership in driving forward natural capital approaches as a means to transition to a nature-positive economy and was pleased to use its recent role as G7 President to secure international agreements in this space. For instance, G7 Climate and Environment Mini