Natural Capital Business Forum

Nay Pyi Taw, Myanmar 27th January 2015

Theme: Investing in Natural Capital: Public Private Cooperation for Future Prosperity in the Greater Mekong Subregion

Overview

The Fourth GMS Environment Ministers’ Meeting emphasized the need to strengthen collaboration between governments, development partners, business sector, and civil society in order to find ways to maintain and enhance the region’s natural capital stocks. A key step was the need to strengthen collaboration and coordination between businesses, government, and/or civil society in ways that are demonstrably good for business, local livelihoods and for the protection and enhancement of the subregion’s natural capital. In this context the Natural Capital Business Forum engaged the businesses in their capacity as a beneficiary of public sector investments as well as the investors in economic activities associated with natural capital.

First, the Forum aimed to identify opportunities for businesses to engage in economic activities that met the objectives of the triple bottom line (people, planet, profits), i.e. to create business practices that sustain the social, economic, and natural basis for prosperity and wellbeing. Second, the Forum aimed to identify how tangible partnerships could be established between businesses and other stakeholders with interactive and strongly results-driven formats to best support increased natural capital investments in the GMS.

Businesses from different sectors supported the Natural Capital Business Forum. They co-hosted sessions and champion follow-up activities after the event. Partners included those involved in investment, value chains and SME development, and the freight and logistics sector.

The specific objectives of the Natural Capital Business Forum were as follows:

  • Specify designs for investment vehicles and bring together partners for their realization.
  • Facilitate partners along value chains to better manage natural capital, in order to improve business cases upstream and ensure long-term sourcing downstream.
  • Support stakeholders to realize smart investments at sector levels, for example the greening of freight.
  • Develop key messages and recommendations for policy makers. 

See also

Cambodia, Thailand Partner to Strengthen Cross-Border Biodiversity Conservation

13th February 2018
News

Cambodia and Thailand have agreed to work together to protect wildlife and ecosystems along their borders. The environment ministries of the two Mekong countries signed a memorandum of understanding (MoU) on 31 January 2018 to jointly strengthen conservation efforts in transboundary forest areas.

More details

The GMS Core Environment Program Strategy and Action Plan, 2018-2022

22nd February 2018
Publication

This publication outlines the strategic priorities and actions for the third phase of the GMS Core Environment Program, from 2018-2022. It was endorsed by environment leaders at the 5th GMS Environment Ministers' Meeting on 1 February 2018.

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