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Natural capital encompasses the world's living and non-living natural assets. It forms the basis for environmental and economic life through natural resource production and the provision of ecosystem services. Natural resources are the foundation of social and economic development. Given the critical role they play in maintaining biodiversity and enabling green economic growth, safeguarding such assets could not be more pressing.
To incorporate natural capital into national green growth planning, it is critical for decision-makers to have access to information that reflects the quality, quantity and spatial configuration of natural capital assets. The utility of natural capital analysis for policymaking is ultimately dependent on the availability of information, which can be provided through data platforms and tools.
The GGKP’s Natural Capital Expert Group is currently exploring state-of-the-art methods, models, data and tools for mainstreaming natural capital in national green growth policies and practices. The group is leveraging global momentum for green growth in order to better value, protect and enhance natural capital in national economic decision-making.
Created a Post in Cities and Urban Development, Climate Change, Natural Capital
Explore transformational potential and best practices of nature based-solutions (NbS) from cities around the world in this new UNEP G20 report. Share your municipal initiatives for NbS here!
Created a Post in Climate Change, Natural Capital
Carbon “sinks”, such as forests or the ocean, play a crucial role in absorbing atmospheric CO2 and thereby reducing the damages caused by climate change and the emissions that drive it.
Dr. Wilfried Rickels and Prof. Martin Quaas's findings show that Australia, Indonesia and Cuba contribute the largest blue-carbon net “wealth” to the rest of the world. However, only a handful of countries have enough blue carbon potential to offset their entire carbon footprint.
Created a Post in Natural Capital, Forestry
For millions of people across the Americas and around the world, a vacation often means a visit to a national park. National parks can be a source of great national pride, a way to showcase unique landscapes and educate visitors about an area's flora and fauna, history, and culture. It also can be an important source of revenue that national parks and protected areas provide benefits equivalent to 3% of GDP. However, the national parks and other protected areas are threatened by air pollution or encroaching development—they are now confronting intensifying threats due to climate change.
Created a Post in Agriculture, Cities and Urban Development, Natural Capital
The African Development Bank (AfDB) Group and Green Growth Knowledge Partnership (GGKP) have launched a call for proposals to identify a technical partner to apply robust natural capital methods, support data collection and generate convincing results to influence infrastructure decision making in African development finance.
There are two AfDB infrastructure projects in Mozambique and Madagascar for which proposals are requested. One proposal for each country will be selected in this round.
French and Portuguese versions of the request for proposals (RfPs) are available.
Created a Post in Cities and Urban Development, Natural Capital, Water and Sanitation
Hamburg Using Nature to Purify its Water
Created a Post in Sustainable Finance, Natural Capital
Biodiversity loss is a risk to the global financial system
'Just as financial institutions have a responsibility to ensure that they are not a conduit for money used to do harm through criminal activity, there is a growing sense that the finance sector has a responsibility to manage the economic risks associated with nature degradation – and ensure they are not a conduit for finance that is destroying nature.
Created a Post in Natural Capital, Climate Change, Sustainable Finance
On 6 July (3-4pm CEST), join the GGKP webinar, “Closing the Financing Gap: Investing in Natural Capital to Achieve the SDGs.”
We will hear from experts with deep inside knowledge on the implementing solutions to plugging the natural capital investment gap. A panel discussion will focus on the financing opportunities for enhancing ecosystem services that nature provides during this strained time of economic recovery from the COVID-19 pandemic.
Speakers: - Janez Potočnik, former European Commissioner for the Environment; Co-Chair of the International Resource Panel and Partner at SYSTEMIQ
- Elizabeth M. White, Principal Strategist-Sustainability, Sector Economics and Development Impact, International Finance Corporation (IFC)
- Simon Zadek, Chair of Finance for Biodiversity (F4B) and Director of Migrant Nation.
- Ivo Mulder, Head (a.i), Climate Finance Unit (UNEP CFU), Ecosystem Division, UN Environment Programme
- Anil Markandya, Ikerbasque Professor, Basque Centre for Climate Change (BC3)
Created an Event in Natural Capital, Agriculture
Created a Post in Natural Capital
Mami Mizutori, the UN secretary general’s special representative for disaster risk reduction, said: “Drought is on the verge of becoming the next pandemic and there is no vaccine to cure it. Most of the world will be living with water stress in the next few years. Demand will outstrip supply during certain periods. Drought is a major factor in land degradation and the decline of yields for major crops.”
***New book out: Regional Water Security provides new research on policy innovations that promote the application of demand management and green infrastructure to achieve regional #watersecurity Available at https://www.wiley.com/en-us/Regional+Water+Security-p-9781119661122