Governance

The natural capital framework for sustainably efficient and equitable decision making

Background

The concept of ‘natural capital’ is increasingly accepted in government and private sector decision-making for its role in sustaining economic and social well-being. However, the field is fragmented, and many applications misuse its foundations in economics and ecology, which this perspective addresses by proposing an integrated framework.

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Valuing natural capital and ecosystem services toward the goals of efficiency, fairness, and sustainability

Background

Natural capital (NC) and ecosystem services (ES) are fundamental to sustaining human life, but valuing them requires a whole-system understanding of the interdependencies between humans and nature. Conventional economic valuation, based solely on individual willingness-to-pay, is too narrow for this complex task.

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Ecosystem services in decision making: time to deliver

Background

Over the past decade, valuing and protecting ecosystem services has been promoted as a strategy to mainstream conservation globally. While the vision of the Millennium Ecosystem Assessment is gaining traction, a significant scientific and policy-implementation gap remains. Natural capital is often undervalued or ignored in major decisions by governments, businesses, and the public, a problem highlighted by natural disasters and crises where the loss of protective services becomes starkly apparent.

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Diverse values of nature for sustainability

Background

Despite 25 years of progress in valuing ecosystem services, a global biodiversity crisis persists, underpinned by a "values crisis." Current policies and decisions often prioritize a narrow subset of market-based instrumental values, ignoring the diverse ways people relate to and benefit from nature. This paper, based on the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) Values Assessment, synthesizes over 50,000 sources to address this gap.

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Current trends and future directions for integrating social values into mangrove restoration

Background

Different communication styles, governance, and social issues create barriers to successful mangrove forest restoration projects, and may hinder the ability to scale up projects to meet global restoration goals. Incorporating social values and stakeholder preferences into restoration projects can help identify best management practices, promote successful outcomes, and prevent distrust and inequality between restoration practitioners and stakeholders with different needs and perceptions of mangrove forests.

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The changing global carbon cycle: linking plant–soil carbon dynamics to global consequences

Background

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Addressing critiques refines global estimates of reforestation potential for climate change mitigation

Background

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Indigenous territories and governance of forest restoration in the Xingu River (Brazil)

Background

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REDD’ing Forest Conservation: The Philippine Predicament

Background

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Forests, food, and fuel in the tropics: the uneven social and ecological consequences of the emerging political economy of biofuels

Background

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