Economics for Nature (E4N) is a six year programme to put nature's capital at the heart of economics. This document provides an introduction to the E4N project, decribing the principles of natural capital, the importance of nature, and how E4N works. It also covers some examples of natural capital in practice, laying out the key ideas and highlighting the need for further developments in this field.
“These reports explore state-of-the-art methods, models, data and tools for mainstreaming natural capital in national green growth policies and practices,” said Paul Ekins, Director of the UCL Institute for Sustainable Resources at University College London and Co-chair of the GGKP working group. “Our expert group leverages global momentum for green growth in order to better value, protect and enhance natural capital in national economic decision-making.”
The Natural Capital Checker (NatCap Checker) provides practitioners with a self-assessment tool that enables them to assess, communicate, and improve the level of confidence in their natural capital assessments.
Economics for Nature Initiative
Economics for Nature (E4N) is a six year programme of work being led by the Green Economy Coalition and its partners, the Green Growth Knowledge Partnership, the Capitals Coalition and WWF France. The project aims to encourage robust natural capital approaches and support the internalisation of the value of nature in development, economic, spatial and green growth planning processes.
The initiative convenes experts, academics, and decision-makers from the policy, industry and finance communities to build consensus for mainstreaming natural capital in green growth planning. In support of this goal, E4N also supports knowledge generation and application for national decision making based on the latest natural capital methodologies, data and policy practices, including demonstrated examples of successful economic reform based on natural capital principles.
The COVID-19 pandemic is likely an example of how the disturbance of ecosystems can have systemic consequences.
To achieve a sustainable future, the world clearly has two priorities that must come before all others. The first is to ensure that all citizens have access to the means of satisfying their basic needs.
Sikkim, India’s first organic state, lies in the north-east region of the country.