The GLOBE Natural Capital Legislation Study was published by the Global Legislators Organisation (GLOBE International) on 7 June 2013. This first edition of the study was produced with the support of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in coordination with the Environment Ministries of Botswana, Costa Rica, Colombia, Georgia, Germany, Peru and the United Kingdom.
This is a comprehensive research project that audits national capacities, policies and ongoing processes towards the implementation of full natural capital accounting across a range of eight countries representative of every region in the world. The Study was formally launched by TEEB study leader Mr Pavan Sukhdev during the 1st GLOBE Natural Capital Summit, which was held at the German Bundestag in Berlin, Germany on 7-8 June 2013.
Speakers at the conference included German Cabinet Minister for Development Cooperation Hon. Dirk Niebel, Georgian Cabinet Minister for the Environment Hon. Khatuna Gogaladze, Peruvian Cabinet Minister for the Environment Hon. Manuel Pulgar Vidal, Deputy Cabinet Minister of Finance of Georgia Hon. Giorgi Tabuashvili, Deputy Cabinet Minister for National Planning and Economy of Costa Rica Hon. Silvia Hernández, Global Environment Facility (GEF) CEO Dr. Naoko Ishii, World Bank Director for Agriculture and Environmental Services Mr Juergen Voegele, Chief of the Economic Statistics Branch of the United Nations Statistics Division Mr Ivo Havinga and over 60 senior legislators from 17 countries including Botswana, Brazil, China, Colombia, Costa Rica, Denmark, France, Georgia, Germany, India, Japan, Mexico, Morocco, Nigeria, Peru, South Africa, the United Kingdom and the European Parliament.
Results in the 1st edition of the Study show that:
All eight countries are moving beyond thinking and experimentation towards the proper integration of natural capital into national accounting and policy making process.
However none of the countries is advancing comprehensively on all the necessary fronts - wealth accounting, development of national ecosystem assessments, valuation of ecosystem services and institutional and legislative reform.
The most comprehensive natural capital-specific legislation and policies are to be found in developed countries, although these are nonetheless failing to carry out a comprehensive overhaul of policies affecting natural capital, i.e. the unsuccessful 'structural greening' of the EU Common Agricultural Policy.
Substantive progress is taking place in emerging economies, which shows how natural capital accounting is increasingly understood as an indispensable instrument supporting decision-making towards sustainable and inclusive socioeconomic development. In particular the popularity of payment per ecosystem services programmes in developing countries is a testament to the increased awareness of the linkages between environmental protection and sustainable economic development.
Countries included in the 1st Natural Capital Legislation Study:
Click on the pins on the world map above to access country-specific extracts from the study.
The GLOBE Natural Capital Legislation Study was produced with the support of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf the German Federal Ministry for Economic Cooperation and Development (BMZ).