The Blue Impact Bond project, being delivered by The Nature Conservancy and HSBC, is one of the first attempts at making a Blue Impact Bond operational in Australia. The Blue Impact Bond is being trialled in the NSW mid-north coast catchment of Manning with the potential to scale up to other areas. The measurement of natural capital and its contribution to financial benefits is a factor in the implementation of the Blue Impact Bond. From the perspective of data and information, IDEEA Group designed a natural capital accounting approach to underpin the Blue Impact Bond project.
There were four key areas of work:
