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dc.titleMainstreaming of Natural Capital and Biodiversity into Planning and Decision-Making: Cases from Latin America and the Caribbean
dc.contributor.authorAlpízar, Francisco
dc.contributor.authorMadrigal, Róger
dc.contributor.authorAlvarado, Irene
dc.contributor.authorBrenes Vega, Esteban
dc.contributor.authorCamhi, Ashley
dc.contributor.authorMaldonado, Jorge Higinio
dc.contributor.authorMarco, Jorge
dc.contributor.authorMartínez, Alejandra
dc.contributor.authorPacay, Eduardo
dc.contributor.authorWatson, Gregory
dc.contributor.orgunitClimate Change and Sustainable Development Sector
dc.coverageLatin America and the Caribbean
dc.date.available2020-09-23T00:00:00
dc.date.issue2020-09-23T00:00:00
dc.description.abstractThe Latin American and Caribbean (LAC) region enjoys an exuberant natural wealth; with 16 percent of the planets land, the region is home to 40 percent of the worlds biological diversity. This report investigates and provides a good overview of the regions efforts to mainstream natural capital and biodiversity concerns into public policy. It also provides a series of policy tools and instruments:payments for ecosystems services, innovation in managing protected areas, conservation trust funds, nature-based solutions for infrastructure, small-scale sustainable fisheries management, natural capital and ecosystem accounting, and ecosystem-based adaptation in agriculture. Two key lessons emerge from this report. First, mainstreaming natural capital and biodiversity considerations into day-to-day activities inevitably requires the involvement of multiple stakeholders (from communities to private firms) that should become central players in constructing and governing LACs natural wealth. Still, all the tools described in this report share a common feature: strong endorsement and support from government institutions, well beyond environmental authorities. Second, the lessons derived from policy tools with a longer history are evidence of the constant political, financial, and technical challenges faced by these policies for long-term sustainability. Although some of the policy tools described in this report have a long history, none of them can take their survival for granted. Solving the financial and technical challenges is typically the only functioning strategy to deal with political issues. The report suggests a series of key enabling conditions that facilitate mainstreaming natural capital and biodiversity considerations into public policy.
dc.format.extent92
dc.identifier.doihttp://dx.doi.org/10.18235/0002667
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Inputs-to-the-Dasgupta-Review-on-the-Economics-of-Biodiversity-Cases-from-Latin-America-and-the-Caribbean-Part-1-Mainstreaming-of-Natural-Capital-and-Biodiversity-into-Planning-and-Decision-Making.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Incorporacion-del-capital-natural-y-la-biodiversidad-en-la-planificacion-y-toma-de-decisiones-Casos-de-America-Latina-y-el-Caribe.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectBiodiversity
dc.subjectNatural Capital
dc.subjectEnvironmental Economy
dc.subjectEnvironmental Protection
dc.subjectBiodiversity Conservation
dc.subjectEcosystem Service
dc.subjectEnvironment and Natural Resource
dc.subjectProtected Area
dc.subjectNature-Based Solution
dc.subjectSustainable Fishing
dc.subject.jelcodeQ58 - Government Policy
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeQ22 - Fishery • Aquaculture
dc.subject.jelcodeQ23 - Forestry
dc.subject.jelcodeQ57 - Ecological Economics: Ecosystem Services • Biodiversity Conservation • Bioeconomics • Industrial Ecology
dc.subject.jelcodeQ24 - Land
dc.subject.keywordsLatin America and Caribbean;nature-based solutions;Natural capital;Biodiversity;mainstreaming;ecosystem accounting;conservation trust funds;protected area management;sustainable fisheries;ecosystem based adaptation
idb.identifier.pubnumberIDB-MG-00823
idb.operationRG-T3415
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