Natural Capital Dialogue

Nay Pyi Taw, Myanmar 28th January 2015

Increasing Investments in Natural Capital in the Greater Mekong Subregion

The Natural Capital Dialogue brought together senior GMS government officials, international experts and a wide range of stakeholders to discuss the significance of natural capital in the context of inclusive and sustainable development in the Greater Mekong Subregion (GMS). Occurring ahead of the 4th GMS Environment Ministers’ Meeting (EMM4), the Natural Capital Dialogue presented an important opportunity to draw public and business sector attention to the need to increase investments in the Subregion’s natural capital.

Building on the momentum of Rio+20, GMS countries began to recognize the importance of natural capital for inclusive and sustainable development. However some questions required further discussion. These included: i) how sound natural capital management can deliver inclusive and sustainable economic growth and reduce poverty; ii) how to move from concept to action; and iii) how incorporation of natural capital values inform sound policy and investment decisions? 

The EMM4 took place a month after the 5th GMS Summit, where the Leaders of GMS countries stated the need to align the GMS vision of greater connectivity, competitiveness and community with national development strategies in order to attain mutual benefits. The GMS Leaders pledged to support the Regional Investment Framework (RIF) Implementation Plan as a strategic and results-based action plan that promotes inclusive and sustainable development in the GMS. The RIF Implementation Plan (2014–2018) represents an investment pipeline of over $30 billion, which will further enhance the subregion’s: a) physical capital, by supporting infrastructure development – to improve connectivity; b) its human capital, by supporting institutional and capacity development – to improve competitiveness; and c) its social capital – by supporting a greater shared sense of community.

In this context it is also important to recognize the need to increase investments in the Subregion’s natural capital which underpins the sustainability, inclusiveness and resilience of the RIF Implementation Plan. Indeed, in the context of the subregion’s vulnerability to climate change and other natural disasters, as well as to human-induced shocks, investments in natural capital present some of the most cost effective, economically viable and socially inclusive adaptation and resilience strategies. Failure to invest in natural assets is likely to significantly undermine achieving the GMS vision of greater connectivity, competitiveness and community.

Accordingly, the objectives of the Natural Capital Dialogue was to:

  • Raise awareness about the value of natural capital within the context of inclusive and sustainable development in the subregion.
  • Exchange global and regional good practices on promoting investments in natural capital.
  • Build consensus on the need to integrate natural capital considerations into subregional and national development planning.
  • Identify opportunities and priority actions to increase natural capital investments.

Identify effective and efficient partnerships for cross-sector and stakeholder coordination and collaboration to increase investments in natural capital at the subregional and national level.

Resources

File Name Size Modified
Natural Capital Dialogue​-Proceedings.pdf 268 KB 19-06-2015
Natural Capital Dialogue Agenda.pdf 107 KB 03-02-2015
Deputy Minister Opening Remarks .pdf 86 KB 27-01-2015
ADB James Nugent​-Natural Capital Dialogue Opening Remarks.pdf 118 KB 27-01-2015
Ple Sess 1. Costanza​-ANU​-Role of NC in Sus Devt.pdf 1 MB 03-02-2015
Ple Sess 1. Ouyang​-CAS​-NC in Policy Making.pdf 2 MB 03-02-2015
Ple Sess 2. Zahedi​-UNEP​-Valuing NC in Green Growth.pdf 2 MB 03-02-2015
Ple Sess 2. Nguyen​-ISPONRE​-Investing in NC in Viet Nam.pdf 2 MB 03-02-2015
Ple Sess 2. Chan​-MOE​-Cambodian NBSAP.pdf 1004 KB 03-02-2015
Ple Sess 2. Rodriguez​-CI​-NC transforming the way we think.pdf 2 MB 03-02-2015
Par Sess A. Chung​-UNESCAP​-NC mainstreaming.pdf 688 KB 03-02-2015
Par Sess A. Choulamany​-MAF​-NC from Lao PDR.pdf 2 MB 03-02-2015
Par Sess A. Bui​-ADB​-NC in GMS Energy Policy.pdf 2 MB 03-02-2015
Par Sess B. Vansy​-SNRMPEP​-Natural Capital at grassroots level.pdf 3 MB 03-02-2015
Par Sess B. Tint​-RECOFTC​-Investment for whom.pdf 826 KB 03-02-2015
Par Sess B. Samaniego​-ADB​-Investing in NC and Youth.pdf 1 MB 03-02-2015
Ple Sess 3. Shah​-GE​-Mainstreaming NC into business decisions.pdf 3 MB 03-02-2015
Ple Sess 3. Ranawana​-ADB​-Integrating NC into GMS RIF.pdf 2 MB 03-02-2015
Ple Sess 3. Priority Actions.pdf 61 KB 03-02-2015
Ple Sess 4. San Win​-UF Myanmar​-Strengthening Collaboration to NC Investment.pdf 344 KB 03-02-2015
Closing Remarks​-Deputy Minister Dr. Thet Thet Zin.pdf 58 KB 03-02-2015


See also

Biodiversity Landscapes Forum

27th January 2015
Event

Theme: Designing mechanisms and building partnerships for the strategic planning and management of transboundary and other biodiversity landscapes

Overview

Biodiversity landscapes constitute a large proportion of the natural capital remaining in the Greater Mekong Subregion (GMS). They are a rich repository of globally important biodiversity, including many endemic and endangered species, and provide vital ecosystem services. This wealth of natural capital underpins the subregion’s security in terms of energy, food, and water. Seven of these landscapes cut across international borders. These transboundary biodiversity landscapes (TBLs), which are the focus of the GMS Core Environment Program, lie in juxtaposition to the GMS economic corridors, providing both challenges and opportunities for their effective management and conservation.

More details
Back to Online Library