Valuing nature conservation : a methodology for quantifying the benefits of protecting the planet's natural capital

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      <subfield code="a">Valuing nature conservation</subfield>
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      <subfield code="a">Much of the global economy depends on natural capitalthe world's stock of natural assets. Acting as the planet's balance sheet, natural capital provides critical services and resilience. It supports water cycles and soil formation while protecting our communities from major storms, floods, fires, and desertification. By absorbing CO2, it limits the pace of climate change. Biodiversity, a core component of natural capital, supports activities as wide-ranging as pharmaceutical innovation, ecotourism, and crop pollination. These are just a few of the numerous co-benefits that make nature so valuable. Yet the complexity of natural capital makes its benefits hard to quantify, leading many to overlook nature as an investment opportunity. In this report, we describe and apply a methodology that can help quantify some of the costs and benefits of conserving natural capital. Multiple scientific studies have found that human activity is eroding the value generated by natural capital.</subfield>
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      <subfield code="a">The case for expanding nature conservation: Our approach; The critical need for investments in natural capital; The global risk to natural capital -- Modeling the benefits and costs of alternative pathways: Comparing benefits and costs across six scenarios; Sequencing conservation initiatives -- How to start: Securing sustainable conservation financing; Innovative approaches to conservation challenges; Taking action: Extending this analysis  </subfield>
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