The Economic Case for Nature : A Global Earth-Economy Model to Assess Development Policy Pathways
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 global integrated ecosystem-eco...
| Main Authors: | , , , , , , , , , , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/445311625065610639/A-Global-Earth-Economy-Model-to-Assess-Development-Policy-Pathways http://hdl.handle.net/10986/35882 |
| Summary: | 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 global 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 steppingstone
towards ‘nature-smart’ decision-making, as it seeks to support
policymakers who face complex tradeoffs involving the management of
natural capital, and hence achieving growth that is resilient and inclusive. |
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