Addressing the economic invisibility of nature is urgent, says IUCN Director General
Speaking at the Stockholm Natural Capital Solutions Summit, held 19-20 May, IUCN Director General Inger Andersen highlighted the fact that despite nature providing some US$ 72 trillion a year of ‘free’ support to the global economy - and accounting for close to one-third of the wealth in low income countries - it continues to be invisible in our economic systems.
Photo: IUCN/B.Erg
“Failing to properly account for natural capital is contributing to the depletion of the planet’s resources,” said Ms Andersen. “We need to develop metrics for measuring and valuing natural capital, and this is an area where IUCN can contribute significantly.”
Convened by the Beijer Institute of the Royal Swedish Academy of Sciences, the Natural Capital Project and the Stockholm Resilience Centre, the Summit included a select group of executives and scientists, who discussed how to scale up natural capital approaches to promote social, economic and environmental resilience.
For more information, visit the Natural Capital Project website
Related content
The BIODEV2030 project, launched in early 2020 supports the country's development ambition, while…
IUCN welcomes with relief and gratitude the negotiated decisions on fishing subsidies made…
The Convention on Wetlands and Danone awarded the Pitch for the Grant 2022, a new EUR 10,000…
Sign up for an IUCN newsletter