Series: Serendipity Knowledge Program for Sri Lanka Investing In Natural Capital: Towards Sustainability And Climate Resilience in Sri Lanka 31 May 2023 Serendipity Knowledge Program (SKOP) is an ADB platform dedicated to identifying knowledge solutions for Sri Lanka's development challenges. Serendib is one of Sri Lanka's ancient names and serendipity refers to a fortunate finding, which is a common occurrence throughout the history of product invention and scientific discovery. ADB established this new knowledge program in 2021 in line with its vision as a knowledge solutions bank. Natural capital - the stock of natural resources such as forests, rivers, oceans, and the atmosphere - is intrinsic to the well-being of all forms of life on the planet. Unfortunately, the intrinsic value of natural capital is often disregarded in economic decisions, as natural capital assets are often available as 'public goods'. As with most public goods, the responsibility for investing in protecting and managing natural capital rests with the state. And when faced with limited public funds to support all development efforts, natural capital assets often receive low priority by the state for funding. Fortunately, several countries have come up with innovative ways to finance the protection and management of their natural capital assets. The SKOP event brought together a collection of global good practices in investing in natural capital. It then focused on Sri Lanka, to identify key natural capital assets that require further investment. The event finished by identifying priority actions to support future efforts in natural capital assessments and investment in Sri Lanka. Program and Learning Materials 31 May 2023 Session / Activity Title Speaker(s) Webinar Recordings Session 1: Investing In Natural Capital: Towards Sustainability And Climate Resilience in Sri Lanka This links to the webinar video of the Session1 AM of Investing In Natural Capital: Towards Sustainability And Climate Resilience in Sri Lanka… Webinar Recordings Session 2: Investing In Natural Capital: Towards Sustainability And Climate Resilience in Sri Lanka This links to the webinar video of the Session2 PM of Investing In Natural Capital: Towards Sustainability And Climate Resilience in Sri Lanka… Presentations Investing in Natural Capital: Towards Sustainability and Climate Resilience in Sri Lanka This presentation gave an overview of the ADB Action Plan for Healthy Oceans and Sustainable Blue Economy. Andreas Thermann Natural capital approaches for sustainable development and investments in Sri Lanka This presentation discussed the ecosystem services and natural investment for sustainable development and investments in Sri Lanka Rafael Schmitt What are the key Investment opportunities in Natural Capital in Sri Lanka? This presentation discussed the investment opportunities in natural capital in Sri Lanka from the University of Sri Jayewardenepura perspective. Prasanthi Gunawardena Agricultural Genetic Resources in Sri Lanka This presentation discussed the Agricultural Genetic Resources in Sri Lanka from the University of Peradeniya perspective. Gamini Pushpakumara Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Hasitha Wickremasinghe Related Full Agenda ADB Organizer/s South Asia Department Read Also Serendipity Knowledge Program for Sri Lanka Event Webpage Topics Knowledge Management