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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, Sustainable Finance
Company net-zero targets at risk without immediate improvement on deforestation
New analysis released today commissioned by the UN-backed Race to Zero – in partnership with Global Canopy, Science Based Targets initiative and the Accountability Framework Initiative – highlights the urgent need for increased action on supply chain tropical deforestation in the industry, as a critical part of the global effort to reach net-zero by 2050 and achieve a “nature-positive” economy as set out by the G7 last year.
Created a Post in Natural Capital, Forestry, Green Recovery from COVID-19
TODAY: The Africa Green Economy Conference begins with its opening plenary at 14:00 CAT.
Register: ggkp.org/AGEC Join the conversation: ggkp.org/AGECommunity
Created a Post in Climate Change, Natural Capital, Water and Sanitation
https://medium.com/mark-and-focus/nature-based-solutions-for-water-secu…
Created an Event in Natural Capital, Green Recovery from COVID-19, Climate Change
Created an Opportunity in Natural Capital, Climate Change, Forestry
Created a Post in Natural Capital, Climate Change, Forestry
Humans have had an unprecedented impact on land – with vast consequences for climate change, food systems and biodiversity, a major new UN report concludes.
It says that human activities have already altered 70% of the Earth’s land surface, degrading up to 40% of it. Four of the nine “planetary boundaries” – limits on how humans can safely use Earth’s resources – have already been exceeded.
In this article, Carbon Brief walks through five key takeaways from the UN’s milestone Global Land Outlook Report.
Created a Post in Cities and Urban Development, Natural Capital
Urban Forests of Melbourne
Created a Post in Cities and Urban Development, Climate Change, Natural Capital
Green Economy, Green Growth
Created a Post in Sustainable Finance, Climate Change, Natural Capital
Taskforce on Nature-related Financial Disclosures (TNFD) Expands Engagement Activities Supporting Nature-risk Framework Development
At this week's World Economic Forum in Davos, the TNFD announced three engagement initiatives, involving further stakeholders in the design and development of TNFD's recommendations.
▶ Six TNFD Consultation Groups in Australia & New Zealand, India, Japan, Netherlands, Switzerland, United Kingdom ▶ Four piloting program partnerships: FSD Africa, Global Canopy, UNEP FI, WBCSD ▶ Engagement of Indigenous Peoples and Local Communities globally in partnership with IUCN
Regarding the third point, Indigenous Peoples and Local Communities (IPLCs) steward much of the world’s natural resources and play a vital role in safeguarding nature. Their communities are also highly dependent on nature for their livelihoods and Indigenous-led enterprises are often pioneers in sustainable business models. TNFD is partnering with IUCN to engage with IPLCs and ensure their voices are included in the development of the TNFD Framework.
For more information regarding each of these recently announced TNFD engagement activities, follow the link below.
Created a Post in Sustainable Finance, Natural Capital
This Saturday, 22 May is Biodiversity Day! How can the insurance industry protect biodiversity and nature?
"Five ways to foster insurance solutions for biodiversity" by Samantha Cook and Susan Holliday provides key recommendations on how insurers, policy makers, and regulators can collaboratively address biodiversity risk, promote investment in biodiversity-positive activities, and discourage biodiversity-negative activities.
This 2-3 June, the Stockholm+50 international meeting will engage key stakeholders from around the world towards achieving sustainable development. The authors argue that recognizing and capitalizing on opportunities for the insurance industry to halt biodiversity loss and restore ecosystems should be a priority at Stockholm+50.
ggkp.org/insuring-nature-S50