The economic case for nature

EU project stamp: 
No
Main entity: 
World Bank
Key themes: 
Economic and social development
Natural Capital
Societal challenges: 
New Economic Opportunities & Green Jobs and Participatory Planning and Governance
Scope: 
Global
Description: 

The Economic Case for Nature is part of a series of papers by the World Bank that lays out the economic rationale for investing in nature and recognizes how economies rely on nature for services that are largely underpriced. This report presents a first-of-its-kind integrated ecosystem-economy modelling exercise to assess economic policy responses to the global biodiversity crisis. Modeling the interaction between nature’s services and the global economy to 2030, the report points to a range and combination of policy scenarios available to reduce the impact of nature’s loss on economies. This modeling framework represents an important stepping-stone towards ‘nature-smart’ decision-making, as it seeks to support policymakers who face complex trade-offs involving the management of natural capital, and hence achieving growth that is resilient and inclusive.

Date: 
2021
Language: 
EN