About this Discussion

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.

Natural Capital

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Basque Centre for Climate Change(BC3)

On 31 May at 16:00-17:00 CET, BC3 is pleased to invite you to this EU Green Week partner event to give you an online tour through the first AI technology for rapid natural capital accounting (NCA): the ARIES for SEEA Explorer! After the great success of the Explorer’s launch event, this… Read More

Still in the spirit of Biodiversity Day, our latest blog written by Sir Partha Dasgupta asks that we change our economic accounting model to one that measures inclusive wealth to account for nature in economic decision-making, as reflected on his landmark report the Dasgupta Review.

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https://thegreenforum.org/blog/our-economic-blind-spot-valuing-natural-capital-sustainable-growth

Biodiversity plays a vital role in supporting human life. CDSB's recent research on European reporting practices provides guidance for companies in addressing such matter and land-use related financial reporting.

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https://www.cdsb.net/natural-capital/1188/connecting-biodiversity-financial-capital?utm_medium=email...

In the lead up to the Biodiversity Day, our latest blog from one of the GGKP Natural Capital Expert Group members, Anil Markandya, highlights the critical needs to invest on nature in order to meet the SDGs. According to a recent study by the GGKP and the Basque Centre for Climate Change (BC3), globally it is estimated that, additionally, about $774 billion/year is required to meet the selected targets for the eight natural capital-related SDGs by 2030.

Do you have any question about the study? Reach out to John J. Maughan, Sun Cho, or Andrew Pickens

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https://thegreenforum.org/blog/plugging-natural-capital-financing-gap-meet-sdgs

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Rwanda, a growing country in Sub-Saharan Africa, has suffered significant damage to its environment over the last few decades, and has begun using policy to reverse this trend. Though aggressive strategies have achieved some success, growing social, environmental, and economic constraints have made increasing the effectiveness of these strategies critical.

Here's a policy brief outlining how various policy interventions can affect economic, poverty amelioration, and environmental outcomes in Rwanda.

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https://www.greengrowthknowledge.org/research/policy-brief-achieving-green-growth-through-terrestria...
Closing:
Convergence Blended Finance

The Asia Natural Capital Design Funding Window provides grant funding for the design and launch of catalytic blended finance solutions focused on natural capital in Asia. This Window is funded by the RS Group, a family office based in Hong Kong. This Window will support blended finance… Read More

The World Business Council for Sustainable Development (WBCSD), in collaboration with Valuing Nature, launched the "Corporate natural capital accounting - from building blocks to a path for standardization" report, as a contribution to the EU Life funded Transparent project. It looks at a critical point on how business impacts and depends upon nature, and how to truly value natural capital in our decision-making.

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https://www.wbcsd.org/Programs/Redefining-Value/Business-Decision-Making/Assess-and-Manage-Performan...

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Two interesting webinars on natural capital to look out for this month:

12 May: The Capitals Coalition is hosting a webinar on "Valuing Natural Capital & Local Communities for Business in Eastern & Southern Africa: Capitals Impacts and Dependencies of the Tourism Industry". URL: https://www.greengrowthknowledge.org/webinar/valuing-natural-capital-an…

25 May: Stanford University and Natural Capital Project are co-hosting a webinar on "Advances in land-use planning in the Amazon". URL: https://www.greengrowthknowledge.org/webinar/stanford-university-natura…

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