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.
The Association of Southeast Asian Nations (ASEAN) countries have exhibited high growth rates over the past decades, weathering even the worst of the global financial crisis. This impressive growth and accompanying rise in household income has brought great benefits to the ASEAN population of nearly 600 million, including declining poverty and strengthened social safety nets in many countries.