The Natural Capital Project
Initiative I0039
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| Implementing org | Stanford University (Other (Private/Educational)) The Nature Conservancy (TNC) (Conservation organisation) WWF US (Conservation organisation) |
Summary
The Natural Capital Project is a joint initiative between Stanford University, The Nature Conservancy, and World Wildlife Fund. The development of this project was motivated by the recognition that traditional ways of calculating GDPs consistently omit the trillions of dollars of benefits that nature provides, and on which our lives depend. The Natural Capital Project aspires to provide maps of nature’s services, assess their values in economic and other terms, and incorporates those values into resource decisions. The Project is focusing its initial efforts on three main sites: the Afro-montane region of Africa, the upper Yangtze River Basin in China, and the Sierra Nevada region in California. The sites were chosen for their wealth of biodiversity and ecosystem services, the imminent danger posed by development, and the presence of concerned groups willing to aid conservation efforts.
Outputs
1. Development of new tools to incorporate the values of ecosystem services in decision-making. These will include maps of natural capital and innovative approaches, including private markets, to motivate and finance conservation.
2. Launch of an international network of projects that bring to life the promise of this way of reframing our vision of nature, applying understanding of natural assets and ecosystem services as a part of land-use and investment decisions.
3. Increasing the impact of these on-the-ground projects by engaging decision-makers.
Geographic coverage
Eastern Africa
United States of America
China
People
Joy Grant
E-mail: jgrant@tnc.org
Web URL
http://www.naturalcapitalproject.org
Related records above this one:
- The Nature Conservancy (TNC) (Organisation O0078)
- Stanford University (Organisation O0368)