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This report sets out the proposed NCD Roadmap, showing how the four commitments in the Natural Capital Declaration can be implemented by the finance industry. It provides preliminary guidance to financial institutions which have endorsed the Natural Capital Declaration and which seek ways to implement the commitments in the Declaration, in collaboration with other stakeholders. This NCD Roadmap marks the transition from phase I of the NCD to phase II. Phase I refers to the preparation period that included six consultation workshops over an 18 month period in 2010 and 2011, which led to the launch of the Natural Capital Declaration at the Rio+20 Earth Summit in June 2012. Phase II of the NCD focuses on enabling financial institutions to implement the four core commitments through the development of metrics and tools.