GGKP Launches Working Group on Natural Capital

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GGKP News
4 December 2017

The Green Growth Knowledge Platform (GGKP) is pleased to announce the launch of the new Working Group on Natural Capital

The group held its inaugural workshop on 30 November-1 December 2017 in Washington, DC.

The GGKP Natural Capital Working Group has three main objectives:

  • Advancing the state of knowledge on natural capital valuation for green growth,
  • Mainstreaming natural capital in green growth activities, and
  • Supporting stronger implementation of policies for natural capital.

The group will focus on identifying key knowledge gaps for uptake by research and policy organizations. 

The GGKP Natural Capital Working Group will be co-chaired by three members of the GGKP Advisory Committee, Paul Ekins, Director and Professor of Resources and Environmental Policy at University College London’s Institute for Sustainable Resources; Joe Grice, Chairman of the UK Office for National Statistics Economics Experts; and Oyun Sanjaasuren, Chair of the Global Water Partnership and former Mongolian Minister of Environment, and the GGKP Secretariat.

In line with the GGKP's collaborative approach to knowledge generation, the group brings together representatives from key institutions and projects that are working to mainstream natural capital in green growth planning worldwide, including GGKP founding partners OECD, the World Bank, the Global Green Growth Institute (GGGI), and the United Nations Environment Programme (UN Environment), as well as the African Development Bank (AfDB), the United Nations Development Programme (UNDP), the World Wildlife Fund (WWF), the International Union for Conservation of Nature (IUCN), the Smart Prosperity Institute (SPI), the Korea Environment Institute (KEI), University College London (UCL), the Development Alternatives Group (DA), the University of Cape Town (UCT) and more.

In response to the growing recognition of the importance of natural capital to ecosystem services, biodiversity, green growth and sustainable development, as well as increasing country interest in integrating natural capital into national green growth plans, the GGKP has created a dedicated web space for Natural Capital knowledge resources, including publications, data, best practices, projects, and blogs.

The MAVA Foundation, a Swiss-based philanthropic organization, has made the mainstreaming of natural capital into national development plans a key focus of its strategic programme for 2017-2022. It has committed to supporting the working group for five years.

For more information, please visit the group's dedicated webpage

Photo's from the group's inaugural workshop are available on the GGKP Flickr account