Natural Capital Dialogue
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.
Youth Environment Meeting
Theme: Investing in Natural Capital is Investing in Youth
As emphasized in the Future We Want outcome document from Rio+20, youth are “custodians of the future” and have an essential role in helping achieve sustainable development. If engaged and empowered, GMS youth have the potential to drive the changes needed to ensure a sustainable future for their own and future generations.
Fourth Greater Mekong Subregion Environment Ministers’ Meeting (EMM4)
Every three years, environment ministers from the six Greater Mekong Subregion (GMS) countries gather to take stock of environment challenges and opportunities, and set the direction for regional responses under the GMS Economic Cooperation Program.
Biodiversity Landscapes Forum
Theme: Designing mechanisms and building partnerships for the strategic planning and management of transboundary and other biodiversity landscapes
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.
Natural Capital Business Forum
Theme: Investing in Natural Capital: Public Private Cooperation for Future Prosperity in the Greater Mekong Subregion
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.
Payments for Forest Environmental Services in Viet Nam (2014–2017)
In recent years, there has been increased global recognition about the important socioeconomic contribution of ecosystem services for rural livelihoods and broader society. This has helped drive countries to make greater efforts to more sustainably manage their natural capital – forest, land, and water resources and related ecosystem services.
GMS Strategic Environmental Assessment Knowledge Sharing Forum
Strategic Environmental Assessment (SEA) is increasingly used by GMS countries to assess the environmental and social consequences of policies, plans and programs to achieve more sustainable development outcomes.
Climate Integrated Management of Transboundary Landscapes (2015–2016)
Transboundary biodiversity landscapes in the GMS are rich in natural capital, but are increasingly under threat from development and climate change pressures, leading to environmental degradation and more vulnerable local communities.
Integrated Energy Planning (2015–2016)
Growing demand for energy goes hand-in-hand with rapid economic development. Since 2005, GDP per capita in the GMS has increased 260% while electricity consumption has nearly doubled. As their economies continue to rapidly grow, all six countries need to utilize additional energy resources to meet increasing domestic demand. In addition, Lao PDR and Myanmar view energy exports as a major economic opportunity.