WorldWhile economics and business are now developing tools to quantify and better manage the society’s impact on the environment there are many who question whether the current proposals may actually make things worse. There is also a need to examine the procedures being adopted or proposed to ensure that any unintended consequences, either to nature or to the people who rely on access to their local environments, are minimised.

“Nature is not for sale”, Friends of the Earth

This document outlines why Friends of the Earth Europe strongly opposes any proposal that integrates nature into market based instruments and turns biodiversity into a tradable commodity. Download the document on the Friends of the Earth website.

Who should value nature?

Recognising there are diverse ways to value is important because contested land rights in the global south mean there are scenarios where different actors in developing countries will value the same area of nature differently. As the list of actors pushing for economic valuation grows – including accountants, consultancy firms, the private sector, governments, environmental NGOs, academics, United Nations agencies, and international institutions such as the World Bank15 – how do we decide who should do the valuing and whose values are taken into account? Which stakeholders have the power to limit valuation to non-monetary values or broaden it out to include monetary values? Who has the power to determine who has made the ‘right’ or ‘wrong’ calculation? Download the document on the Friends of the ICAEW.

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.