|Overview : |
The materiality of nature-related risks is often invisible because the realized or potential costs associated with nature degradation, are transferred to consumers, society at large or other third-parties, rather than being built into the balance sheets of companies. Such costs are considered externalities to the economy under the current regulatory and fiscal systems. In South Africa, underpricing nature-related risks by companies when forecasting returns has been business-as-usual. Most companies are unable to clarify uncertainties associated with nature, and so are unable to reflect this in balance sheets or investment risk assessments.
Baed on our requirements, we need an Individual consultant to produce a report detailing the conditions/gaps and opportunities for South Africa to strengthen existing reporting metrics on nature.
(Detailed background can be found in the Terms of references).
N.B - CLOSING DATE IS THE 17TH JUNE 2022.