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Nature¡¯s Frontiers: Achieving Sustainability, Efficiency, and Prosperity with Natural Capital

June 30, 2023
Online
Nature¡¯s Frontiers

Nearly all types of natural capital¡ªthe world¡¯s stock of resources provided by nature¡ªare in decline. The ecosystem services that flow from those natural capital assets ¨C such as fertile soils for crops, rich ocean life supporting tourism and productive fisheries, and dense forests for carbon capture ¨C 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 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.

Join us for a presentation from the authors and a panel discussion on the country-level applications of this work.

12:15 - 12:25pmWelcoming Remarks
  • Anna Wellenstein, Regional Director for Latin America and the Caribbean, World Bank
12:25 -12:45pmOverview Presentation  
  • Steve Polasky, Professor of Ecological/Environmental Economics, University of Minnesota and The Natural Capital Project 
  • Peter Hawthorne, Natural Capital Insights
12:55-1:30pm

Panel Discussion 

  • Moderator: Mary Ruckelshaus, Natural Capital Project 
  • 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 
  • Julie Rozenberg, Senior Economist, World Bank 
  • Juha Siikam?ki, Chief Economist, International Union for the Conservation of Nature 
  • Giovanni Ruta, Lead Environmental Economist, World Bank 
1:30-1:50pmModerated Q&A with audience 
 
1:53 -2:00pm

Closing Remarks 

  • Valerie Hickey, Global Director for Environment, Natural Resources and Blue Economy, World Bank