TOKYO — Leaders from the global forestry sector met last week in Tokyo to advance the Forestry Natural Capital Project, where they collectively identified metrics to measure and report the seven chosen ecosystem services provided by sustainable managed forests. This project… prioritised the seven ecosystem services to use for this pilot: carbon, habitat and biodiversity, water quality and quantity, air quality, recreational, and sustainable timber supply. The Tokyo session concentrated on defining how these services can be consistently measured and valued across geographies and forestry management systems. The project, an initiative of the International Sustainable Forestry Coalition (ISFC)… aims to develop a consistent natural capital accounting approach for the forestry sector, enabling companies to report nature-related impacts and dependencies in a way that is credible, comparable, and relevant for investors and policymakers. …The project brings together 18 forestry organisations managing more than 23 million hectares across 38 countries.