Uploaded April 2025 | Updated September 2026, 2 weeks ago

---

Natalie Nicholles, executive director of The Capitals Coalition, explains how our economic system must evolve beyond GDP to address climate change, biodiversity loss, and inequality.

The Capitals Coalition brings together more than 460 organizations across business, finance, policy, academia, and civil society to transform how we measure success — moving from a single focus on financial capital to valuing four essential capitals: natural, social, human, and financial.

Key insights:
– Why our current economic metrics are outdated for today's challenges
– How progressive companies are already incorporating multiple capitals into decision-making
– The importance of building trust in impact measurement
– Why nature and biodiversity are finally "in vogue" in business conversations
– The courageous leadership needed from the financial sector

This video is part of the Europe Green Transition roundtable in Paris exploring actionable solutions for a sustainable, equitable future: https://www.hbs.edu/bigs/about/tools-and-resources/global-leadership-roundtables/europes-green-transition-paris-2024