Nature’s Frontiers: Achieving Sustainability, Efficiency, and Prosperity with Natural Capital event
Channel: Natural Capital Project (NatCap)
Date: 30/06/2023

The World Bank & the Natural Capital Project Present: Nature’s Frontiers: Achieving Sustainability, Efficiency, and Prosperity with Natural Capital hybrid event at the National Academy of Science in Washington, DC (USA). 

Nearly all types of natural capital—the world’s stock of resources provided by nature—are in decline. The ecosystem services that flow from those natural capital assets – such as fertile soils for crops, rich ocean life supporting tourism and productive fisheries, and dense forests for carbon capture – are necessary for life on Earth. 

Recognizing the essential services provided by natural capital, Nature’s Frontiers: Achieving Sustainability, Efficiency, and Prosperity with Natural Capital, a joint report from the Natural Capital Project and the World Bank, proposes a novel approach to address these foundational challenges of sustainability. A methodology combining innovative science, new data sources, and cutting-edge biophysical and economic models builds sustainable resource efficiency frontiers to assess how countries can sustainably use their natural capital in more efficient ways. The analysis provides recommendations on how countries can better utilize their natural capital to achieve their economic and environmental goals.

Speakers:
Opening remarks by Anna Wellenstein, Regional Director for Latin America and the Caribbean, World Bank

Overview Presentation
Steve Polasky, Professor of Ecological/Environmental Economics, University of Minnesota and The Natural Capital Project
Peter Hawthorne, Natural Capital Insights

Panel Discussion moderated by Mary Ruckelshaus, Executive Director, Natural Capital Project
Giovanni Ruta, Lead Environmental Economist, World Bank
Carl Folke, Chair of the board and co-founder, Stockholm Resilience Center & Director of the Beijer Institute of Ecological Economics of the Royal Swedish Academy of Sciences
Adrian Vogl, Lead Scientist, Natural Capital Project/World Bank
Nancy Lozano Gracia, Lead Economist in the Latin America and Caribbean Region, World Bank
Juha Siikamäki, Chief Economist, International Union for the Conservation of Nature

Closing remarks by Valerie Hickey, Global Director for Environment, Natural Resources and Blue Economy, World Bank

Link to the report: wrld.bg/TfoG50OZQtA

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For follow-up questions/requests, contact: info@natcapinsights.com and include “Nature’s Frontiers” in the subject line.