Asian Development Bank Promoting Investments in Natural Capital - - PowerPoint PPT Presentation

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Asian Development Bank Promoting Investments in Natural Capital - - PowerPoint PPT Presentation

Dec 07, 2022 413 likes •627 views

Asian Development Bank Promoting Investments in Natural Capital Bruce Dunn Senior Environment Specialist Asia and the Pacific - The Regions Poverty Challenge 2/3 of the worlds poor 700 million people below $1.25 per person/day

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Asian Development Bank

Bruce Dunn

Senior Environment Specialist

Promoting Investments in Natural Capital

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Asia and the Pacific - The Region’s Poverty Challenge

  • 2/3 of the world’s poor
  • 700 million people below

$1.25 per person/day

  • 1.75 billion below

$1.51 per person / day.

  • Middle income transition by

2020, accompanied by rising inequality

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ADB vision: a region free of poverty

  • Reducing vulnerability &

inequality—support for inclusive economic growth

 More inclusive

infrastructure

 Inclusive business  Food security &

agricultural productivity.

 Bridging gender gaps

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ADB’s Environment Operational Directions 2013–2020

Environmentally sustainable infrastructure Investments in natural capital Environmental governance & capacities

Climate change (mitigation & adaptation)

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Investments in Natural Capital: Issues

Issues Trends

Biodiversity  • 67% reduction in species populations in Asia-Pacific (1970-2010) Degraded land  • >25% of land area in Asia-Pacific degraded (2008) Forests  • Overall positive trend, but....

  • 3.32 Mha loss (primary forests) in SE Asia (1990-2010)

GHGs 

  • 15-20% of global GHG emissions from land use change

& tropical deforestation.

  • 5-6% of global emissions from deforestation in South

and SE Asia. Coral reefs 

  • 40% of the coral reefs and mangroves disappeared
  • ver the last 40 years – declining fish stocks
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Investing in Natural Capital

Regional cooperation for large-scale ecosystems Natural capital valuation Partnerships & financial resource mobilization Strengthening biodiversity safeguards for investments Project level investments & technical assistance

Investing in Natural Capital

5 key priorities

6

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Regional cooperation

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The Coral Triangle 1.2 million km2

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Photo credit: Jurgen Freund

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Photo credit: Jurgen Freund

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Photo credit: Jurgen Freund

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Fish = Food = Jobs

Photo credit: Jurgen Freund

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  • 120 million
  • direct

subsistence

  • 450 million
  • benefit from the
  • cean economy.
  • Importance of fish

as protein.

Dependent People

Photo credit: Jurgen Freund

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Photo credit: Jurgen Freund

Economic values

  • $4 billion in annual fisheries exports
  • 5 million jobs in fisheries processing
  • $14 billion in tourism revenue
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Threats

  • Unstainable fishing

practices

  • Pollution & wastes
  • Coastal development
  • Climate change

Photo credit: Jurgen Freund / Jessica Vyvyan-Robinson

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Declines in Biodiversity & Decline in fish catch and food

50 % Decline in Shrimp catch In 20 years 70% decline Yellow fin tuna In 60 years > 70% decline Napoleon wrasse in 8 years

Photo credit: Jurgen Freund

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$300 million program

  • Seascapes
  • MPA
  • Fisheries
  • Climate change
  • Threatened species

Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security

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Upscaling Investment in Natural Capital ADB – Next Steps Identifying investment priorities – ADB ‘s Planned Study in 2016

  • 1. Priority investment areas?
  • 2. Wider development benefits?
  • 3. Financial modalities?
  • 4. Potential returns on investment?
  • 5. Entry points for partnerships?
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Thank you

Bruce Dunn, Asian Development Bank bdunn@adb.org