Nature is our most precious asset. We depend on it for food and water, health and wellbeing, as well as economic growth and stability. Every business at some level depends on resources or services provided by nature, such as crops, fish, timber, fibre or rare earth elements. When the health and stability of ecosystems is disrupted, the impact across both society and the economy can be disastrous.
We should therefore think of nature in similar terms to financial, manufactured, or human capital. In fact, with almost a quarter of Africa’s GDP linked to sectors dependent on nature, every development pathway for the continent will rely on responsible management of natural capital.