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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How can demand management and nature-based solutions help achieve water security for all, while helping protect and restore the natural environment?

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https://www.oecd-forum.org/posts/achieving-water-security-through-demand-management-and-nature-based...

COVID-19 has forced the global economic system to a near-standstill. We have a once-in-a-generation opportunity to reorient our economy towards a greener, fairer future by investing in natural capital. But so far, governments have dedicated less than 3% of COVID recovery spending to natural capital investments.

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https://greenfiscalpolicy.org/blog/investing-in-natural-capital-for-a-greener-and-fairer-recovery/

A new report by WWF reveals that 39 million jobs worldwide could be created if governments reallocated just one year’s worth of subsidies that harm biodiversity to a nature-positive stimulus instead. The biggest opportunity comes from the sustainable agriculture / food sector, accounting for nearly 30% of the total number of jobs created.

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https://wwfint.awsassets.panda.org/downloads/halve_humanity_s_footprint_on_nature_to_safeguard_our_f...

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Very interesting new development: The Central Bank of Chile will be part of the Natural Capital Committee.

"The Central Bank of Chile, through its Statistics Division, will focus on identifying concrete methodologies and viable plans for implementing the measurement of Natural Capital, building on its expertise in the development of National Economic Accounts and following the recently published UN guidelines (System of Economic-Environmental Accounting, Ecosystem Accounting, 2021)."

Photo by Alex Wolowiecki on Unsplash

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https://www.bcentral.cl/en/content/-/details/central-bank-of-chile-decided-to-join-the-natural-capit...
Climate Disclosure Standards Board(CDSB)

In order to direct capital flows towards sustainable, resilient, and water secure businesses, investors require clear insight into how companies manage water resources. What is decision-useful information for investors, how should companies disclose it, and what does it look like? We are thrilled… Read More

To build ambitions and mobilize action for protecting Africa’s natural assets, the German Federal Ministry for Economic Cooperation and Development (BMZ) is hosting the high-level event, "The Value of Nature in Africa", on the 24th of August.

African, German and international leaders and experts will discuss what needs to be done to better recognize the value of nature in decision-making and demonstrate ambitions and actions to conserve the continent’s biodiversity and natural capital, use it sustainably and increase investments.

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https://greenvalue-registration.plazz.net/

More than $750 billion a year in additional global investment in nature will be needed to achieve the Sustainable Development Goals (SDGs) by 2030, according to the latest research by the Green Growth Knowledge Partnership (GGKP) and the Basque Centre for Climate Change (BC3).

Leading experts took part in a GGKP webinar on 6 July to outline solutions for pluging this investment gap, and how policymakers and businesses can value risks and identify financing opportunities for enhancing natural capital and building sustainable economic growth.

Read the summary and catch up on the recording in the link below.

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https://www.greengrowthknowledge.org/news/looking-policy-solutions-plug-natural-capital-investment-g...
https://www.youtube.com/watch?v=mluOyYvgoU0

A new report predicting future biomass demand will far outweigh supply urges the EU to use land and biomass more strategically. With a holistic approach to forests to improve their environmental, social and economic benefits, the Climate Smart Forest Economy Program (CSFEP), an innovative initiative from EIT Climate-KIC, The Nature Conservancy, the World Economic Forum, and the World Resources Institute, may be well-positioned to help.

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https://www.climate-kic.org/innovation-spotlight/as-forecasted-biomass-demand-threatens-forests-csfe...