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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 Forestry, Natural Capital
New maps of global forest carbon flux offer fresh insights for action — “A ground-breaking global set of forest carbon flux maps, which have just been released in the journal Nature Climate Change and made publicly available on the Global Forest Watch website... The maps paint a picture not only of where carbon loss is occurring, but also what’s driving it: they disaggregate the contributions of commodity production, shifting cultivation, timber harvesting or fire. That additional information will help decision-makers determine what kind of intervention is necessary...”
Created a Post in Natural Capital
Nature is our most precious asset. When economists are saying to value it or face ruin, it’s time to listen
Protecting biodiversity is not the preserve of environmentalists. It is an economic issue. It is a financial issue. It is a whole-of-society issue
Created a Post in Climate Change, Sustainable Finance, Natural Capital
According to WWF report, asset managers in Asia need to do more to address climate change and nature loss that put their portfolios at greater risk.
Created an Event in Natural Capital, Agriculture, Climate Change
Created a Post in Industry and Entrepreneurship, Natural Capital
UNEP publishes new study, "Adapt to Survive: Businesss transformation in a time of uncertainty" with six key actions business should take to find long-term success
Created an Event in Natural Capital
Created a Post in Climate Change, Green Recovery from COVID-19, Natural Capital
New report out from WEF and McKinsey on natural climate solutions and their integration into countries' green economic recovery plans as well as corporate strategies. It confirms estimates that NCS can provide one-third of the climate mitigation to reach a 1.5- or 2-degree pathway by 2030—and at a lower cost than other forms of carbon dioxide removal.
EU's Ursula von der Leyen calls for 'Paris-style agreement' for biodiversity
Speaking at the World Economic Forum, European Commission head Ursula von der Leyen has pitched the idea of an international biodiversity agreement along the lines of the Paris accord. She called it urgent for the world.
"Survey puts a value on natural capital of new woodlands" This study provides quantitative evidence of the natural capital benefits of planting new woodlands in the UK. These benefits include not only the projected revenues of selling harvested timber, but also environmental benefits such as carbon sequestration and water storage that will provide benefits to society more broadly.
"A new study in Nature Sustainability incorporates the damages that climate change does to healthy ecosystems into standard climate-economics models." The study also shows that existing models have been underestimating the cost of climate damages to society by a factor of more than five. This reinforces the need for more aggressive carbon emissions efforts.