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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 Natural Capital
The natural capital indicator framework (NCIF) for improved national natural capital reporting
Unai Pascual is also an expert at BC3. One of his most recent publications is here.
How to get private capital to protect nature – without greenwashing
Here's an insightful, short blog from IUCNs Dorothée Herr published on the World Economic Forum website
The EC Council just adopted new conclusions for the EU biodiversity strategy, which includes "creating a coherent network of well-managed protected areas... to protect at least 30% of the EU’s land area"!
The OECD released an interesting policy brief on the role of biodiversity in the economic response to COVID-19. Among other things, the brief outlines how biodiversity loss is a key driver of emerging infectious diseases and poses a variety of other growing risks to businesses, society and the global economy.
Setting science based targets has become the cornerstone of serious net-zero emission commitments. 308 companies have already committed to charting their pathway to net-zero emissions through science based targets.
Now another important step has been made with science based targets for nature. Companies need to think beyond just emission reductions and not neglect the nature-related risks facing business.
Just pulling the upcoming sessions as part of the Infrastructure and Nature webinar series: https://thegreenforum.org/event/how-deal-biodiversity-related-financial… https://thegreenforum.org/event/engineering-nature https://thegreenforum.org/event/balancing-ecological-connectivity-and-l… https://thegreenforum.org/event/ramifications-iucn-wcc-and-beyond-what-…
Don't forget to register if you're interested to explore solutions for reducing risks and generating incentives for building nature into future infrastructure business models.
UNEP is hosting a webinar on: “Nature-Based Solutions: Green Infrastructures for Sustainable Wastewater Management.” The panel will discuss nature-based solutions and their role and contribution to enhancing wastewater reuse and address land-based pollution.
Join the webinar on Thursday, 3 December 2020, from 3:00 PM – 4:30 PM Nairobi time (EAT)!
Created an Event in Natural Capital
Big insurance urges government and private sectors to invest in protecting biodiversity
Recently, one of the world’s largest insurance companies released a report warning that a fifth of countries worldwide are at risk of ecosystem collapse as biodiversity declines.