Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion

Natural capital has been a key contributor to the subregion’s rapid economic growth over the past 3 decades or so. However, the subregion’s key natural capital stocks are in a state of decline. This is evident by the degradation of arable land; considerable losses in forests, wetlands, and mangroves...

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Autor principal: Asian Development Bank
Formato: Informe técnico
Lenguaje:Inglés
Publicado: 2015
Materias:
Acceso en línea:https://hdl.handle.net/10568/76565
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author Asian Development Bank
author_browse Asian Development Bank
author_facet Asian Development Bank
author_sort Asian Development Bank
collection Repository of Agricultural Research Outputs (CGSpace)
description Natural capital has been a key contributor to the subregion’s rapid economic growth over the past 3 decades or so. However, the subregion’s key natural capital stocks are in a state of decline. This is evident by the degradation of arable land; considerable losses in forests, wetlands, and mangroves; and many species of fauna and flora becoming endangered or even extinct. The Greater Mekong Subregion (GMS) is poised to continue developing at a significant pace. The subregion is well placed to benefit from the emerging Association of Southeast Asian Nations Economic Community due to its strategic geographic positioning, extensive subregional connectivity, and strong sense of community established through 2 decades of subregional cooperation. The GMS Regional Investment Framework Implementation Plan (2014–2018), comprising a pipeline of prioritized investment projects worth over $30 billion and approved by GMS leaders at the 5th GMS Summit in Bangkok in December 2014, is indicative of the subregion’s development potential. However, the sustainability of the subregion’s future prosperity could be undermined unless the GMS invests significantly more in safeguarding and enhancing its natural capital. Indeed, in the context of the subregion’s vulnerability to climate change, natural disasters, and human-induced shocks, investments in natural capital present some of the most economically viable and socially inclusive adaptation and resilience strategies. Investing in natural capital will greatly help the GMS realize inclusive and sustainable development. Below are key messages from this report on natural capital in the GMS
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spelling CGSpace765652016-08-25T11:49:57Z Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion Asian Development Bank climate change agriculture food security economic impact sensitivity tajikistan Natural capital has been a key contributor to the subregion’s rapid economic growth over the past 3 decades or so. However, the subregion’s key natural capital stocks are in a state of decline. This is evident by the degradation of arable land; considerable losses in forests, wetlands, and mangroves; and many species of fauna and flora becoming endangered or even extinct. The Greater Mekong Subregion (GMS) is poised to continue developing at a significant pace. The subregion is well placed to benefit from the emerging Association of Southeast Asian Nations Economic Community due to its strategic geographic positioning, extensive subregional connectivity, and strong sense of community established through 2 decades of subregional cooperation. The GMS Regional Investment Framework Implementation Plan (2014–2018), comprising a pipeline of prioritized investment projects worth over $30 billion and approved by GMS leaders at the 5th GMS Summit in Bangkok in December 2014, is indicative of the subregion’s development potential. However, the sustainability of the subregion’s future prosperity could be undermined unless the GMS invests significantly more in safeguarding and enhancing its natural capital. Indeed, in the context of the subregion’s vulnerability to climate change, natural disasters, and human-induced shocks, investments in natural capital present some of the most economically viable and socially inclusive adaptation and resilience strategies. Investing in natural capital will greatly help the GMS realize inclusive and sustainable development. Below are key messages from this report on natural capital in the GMS 2015 2016-08-25T11:49:57Z 2016-08-25T11:49:57Z Report https://hdl.handle.net/10568/76565 en Open Access Asian Development Bank. 2015. Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion. Mandaluyong City, Philippines: Asian Development Bank.
spellingShingle climate change
agriculture
food security
economic impact
sensitivity
tajikistan
Asian Development Bank
Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion
title Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion
title_full Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion
title_fullStr Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion
title_full_unstemmed Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion
title_short Investing in Natural Capital for a Sustainable Future in the Greater Meking Subregion
title_sort investing in natural capital for a sustainable future in the greater meking subregion
topic climate change
agriculture
food security
economic impact
sensitivity
tajikistan
url https://hdl.handle.net/10568/76565
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