Ms. Kim Thi Thuy Ngoc is working at the Institute of Strategy on Natural Resources and Environment (ISPONRE), Ministry of Natural Resources and Environment (MONRE). She graduated at Ha Noi National University in 1994 with a major in biodiversity. She also earned her Master of Science at the Asian Institute of Technology (AIT), Bangkok, Thailand. She obtained her Ph.D. at Ha Noi National University.
Charina Cabrido is an environment professional with 15 years of combined experience in mainstreaming biodiversity, transport, environment and natural resources initiatives at policy, programming and implementation levels including resource mobilization and expansion of partnerships. Extensive experience in cross-cutting knowledge work to capture and disseminate findings and lessons from projects.
What is the central challenge of the 21st century? It is developing an interlinked economic, social, and governance system that not only promotes sustainable development and alleviates poverty but also protects the environment, especially the ecosystem goods and services essential for human well-being. Meeting this challenge requires mainstreaming the value of natural capital and ecosystem services into decision-making. Explore how the People’s Republic of China is using natural capital accounting in its decision-making process.
Stephen Polasky is Regents Professor and Fesler-Lampert Professor of Ecological/Environmental Economics at the University of Minnesota. His research interests focus on issues at the intersection of ecology and economics and includes extensive work on ecosystem services and natural capital.
He served as senior staff economist for environment and resources for the President’s Council of Economic Advisers under President Bill Clinton.
How is ADB mainstreaming eco-compensation into its sustainable development agenda? ADB has been operationalizing eco-compensation for environment and natural resources management through numerous lending and technical assistance projects. It has also been promoting national and regional knowledge sharing on experiences and lessons learned in eco-compensation.
Natural capital, defined as a stock of natural resources and ecosystems, is facing extreme threats throughout the world. Apart from stock loss, private sector participation in natural capital investment is limited in most countries. This session discusses current business trends in natural capital, including private investment opportunities and financial flows, emerging challenges, enabling conditions, and innovative instruments to generate long-term returns and manage asset risks.
Tata Group is committed to embedding sustainability in its business strategies. The company subscribes to the philosophy of circular economy, applies the Natural Capital Protocol to assess and value the impact of natural capital on its operations, and supports green initiatives.
Using the Mountain Hazelnuts Group in Bhutan as a case study, this presentation focuses on the responsibility of multilateral agencies and the need to build business models that support and respect natural, human, and cultural systems.
The presentation of UNEP-WCMC PRC representative, Meng Han, covered three broad areas about measuring and monitoring biodiversity and ecosystem services, and related these to the different aspects of eco-compensation and payment for ecosystem services (PES). The first part focused on ecosystem service mapping, highlighting how this can help inform eco-compensation/PES planning by looking at where the restoration or protection of natural habitats can have the greatest net benefit.