Africa Natural Capital Accounting Community of Practice Webinar Series

INTEGRATING THE VALUE OF NATURAL CAPITAL INTO POLICY AND INVESTMENT DECISIONS FOR ECONOMIC DEVELOPMENT
 

DATE: Thursday, May 25, 2023

TIME: 13:00 -14:30 UTC/ 09:00 - 10:30 EDT/15:00 - 16:30 CEST/16:00 - 17:30 EAT/ 15:00 - 16:30 CAT

Register for the Webinar 


Description 

Presented by the Conservation Strategy Fund (CSF)


Context/Background

Globally, environmental benefits and costs have been omitted from development planning, primarily due to market failures and a lack of understanding about the socio-ecological system dependence for sustainable human wellbeing. By better understanding both these economic externalities, we look at the option to use market and non-market-based solutions to address environmental degradation at different space and time scales for a more resilient future for the people of Africa.  


Conservation Strategy Fund (CSF) is a leader in capacity building on natural capital approaches and economic development, including natural capital accounting, which has empowered thousands of alumni from around the planet to put in practice knowledge to support more sustainable development in their communities. This work has covered and demonstrated the contribution of ecosystem services to different countries’ economies, thus providing justification for strategic planning around and investment into maintaining an intact and healthy environment.   


The overarching theme of this webinar is how natural capital accounting can help answer important policy questions by providing information for economic analyses like cost-benefit analysis. We will be sharing various African examples by CSF and others that use the values of flows of natural capital assets to inform decision making, such as case studies in Uganda related to energy and transportation infrastructure development (oil pipeline in Murchison Falls, road in Bwindi), in South Africa related to catchment restoration investments, and in Tanzania related to values of national park tourism.


Objective

The objective of this webinar is to provide an understanding of why natural capital has historically and typically been excluded from economic development planning and investment, resulting in its degradation and loss. We will then explore how a country’s natural capital accounting system, when integrated effectively into environmental economic analysis, can be used to guide decision making and identify best-case scenarios for investments into sustainable development.


Program Outline:


Chair/Moderator: Mark Gerrard, CSF Africa Director


Welcome remarks: Peter Katanisa, NCA CoP Coordinator, World Bank



1- Introductions and background: Who CSF is, what we do and our work in Africa. 

Speaker: Mark Gerrard, CSF Africa Director


2- Presentation: Integrating natural capital into national development policies: gaining insights from environmental economics, market failures and incentives

Speaker: Professor David Johnson

 

3- Presentation: Case studies of using the values of natural capital assets to inform decision making in Africa. Discussion to include cases from Uganda, South Africa and Tanzania on themes such as transportation and energy infrastructure, ecosystem restoration and tourism.

Speakers: Kim Bonine, CSF Training Director and Ronald Kaggwa, Uganda National Planning Authority, Head of Department: Production, Trade and Tourism Planning


4- Open Q&A with the audience


Contact: Mark Gerrard at mark@conservation-strategy.org