Global socio-economic impacts of changes in natural capital and ecosystem services: State of play and new modeling approaches

Banerjee, Onil; Crossman, N. D.; Vargas, Renato; Brander, Luke; Verburg, Peter H.; Cicowiez, Martín; Hauck, Jennifer; McKenzie, Emily

doi:10.1016/j.ecoser.2020.101202

Cited by 23 publications

(21 citation statements)

References 110 publications

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“…Several examples of using models with NCA make the case for investment in natural capital and ecosystem services (Collste et al 2017 ; World Bank 2021c ). While the use of models for examining environmental or economic issues is not new, the availability of integrated environmental and economic data from NCA makes it easier to feed models and analyse the interrelationships between the economy and the environment (Banerjee et al 2020 ; Lucas and Vardon 2021 ).…”

Section: Natural Capital Accountingmentioning

confidence: 99%

From COVID-19 to Green Recovery with natural capital accounting

Vardon

Lucas

Bass

et al. 2022

Ambio

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The COVID-19 pandemic and related social and economic emergencies induced massive public spending and increased global debt. Economic recovery is now an opportunity to rebuild natural capital alongside financial, physical, social and human capital, for long-term societal benefit. Yet, current decision-making is dominated by economic imperatives and information systems that do not consider society’s dependence on natural capital and the ecosystem services it provides. New international standards for natural capital accounting (NCA) are now available to integrate environmental information into government decision-making. By revealing the effects of policies that influence natural capital, NCA supports identification, implementation and monitoring of Green Recovery pathways, including where environment and economy are most positively interlinked.

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Section: Natural Capital Accountingmentioning

confidence: 99%

From COVID-19 to Green Recovery with natural capital accounting

Vardon

Lucas

Bass

et al. 2022

Ambio

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“…Finally, new models are in development that aim to directly incorporate feedbacks that reflect the effect of biodiversity and ecosystem services provision factors on economy and vice versa 97,98 , which has been missing in environmental and sustainability scenarios. Long term social-ecological feedbacks at large scales, and incorporation of tipping points/regime shift need to be fully considered to optimize the efficacy of Nature Futures scenarios in policy design 30,99 .…”

Section: Key Remaining Research Challenges To Model the Nature Futures Scenariosmentioning

confidence: 99%

Towards a better future for biodiversity and people: modelling Nature Futures

Kim¹,

Peterson²,

Cheung³

et al. 2021

Preprint

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The expert group on scenarios and models of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services initiated the development of the Nature Futures Framework for developing scenarios of positive futures for nature, to help inform assessments of policy options. This new scenarios and modelling Framework seeks to open up diversity and plurality of perspectives by differentiating three main value perspectives on nature – Nature for Nature (intrinsic values of nature), Nature for Society (instrumental values) and Nature as Culture (relational values). This paper describes how the Nature Futures Framework can be applied in modelling to support policy processes by identifying key interventions for change in realizing a diversity of desirable futures. First, the paper introduces and elaborates on key building blocks of the framework for developing qualitative scenarios and translating them into quantitative scenarios: i) multiple value perspectives on nature and the Nature Futures frontier representing diverse preferences, ii) incorporating mutual and key feedbacks of social-ecological systems in Nature Futures scenarios, and iii) indicators describing the evolution of social-ecological systems with complementary knowledge and data. This paper then presents three possible application approaches to modelling Nature Futures scenarios to support the i) review, ii) implementation and iii) design phases of policy processes. The main objective of this paper is to facilitate the integration of the relational values of nature in models, through improved indicators and other forms of evidence, and to strengthen modelled linkages across biodiversity, ecosystems, nature’s contributions to people, and quality of life to identify science- and knowledge-based interventions and to enhance ecological understanding for achieving sustainable futures. The paper aims at stimulating the development of new scenarios and models based on this new framework by a wide community of modelers, and the testing and possible further development of the framework, particularly in the context of future IPBES assessments.

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“…Consider the negative socio-economic consequences of the digital economy. There is an impossibility of anonymity due to the digital traces left by each person, which makes it possible to track any of his activities [4,5] There is a transformation of the labor market due to the automation of the routine activities of financial specialists, auditors, accountants, who will be replaced by algorithms and machines. As a result of this process, there is a significant undermining of the material wealth of employees who make up the large middle class.…”

Section: Theoretical Basis Of the Researchmentioning

confidence: 99%

Social Consequences of Economy Digital Transformation

Ivushkina¹,

Alieva²,

Морозова³

2021

Proceedings of the Second Conference on Sustainable Development: Industrial Future of Territories (IFT 2021)

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Today, digital transformation is bringing an era of change. The world is changing as a result of digital transformation, introducing modern digital technologies into our lives As a result of the introduction of digital technologies, all spheres of life and production are changing: in the sphere of economic relations, a digital economy is emerging, in the sphere of interaction between society and the statea digital government, in the sphere of hightech infrastructurea digital space, in the sphere of state development-a digital society. Digital transformation relies on the automation of all business processes, has an impact on human relationships and individual behavior. At the same time, digital transformation can lead to serious social consequences, such as increased unemployment, reduced labor force, the disappearance of companies, cybercrime, social anomie, and so on.

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Global socio-economic impacts of changes in natural capital and ecosystem services: State of play and new modeling approaches

Cited by 23 publications

References 110 publications

From COVID-19 to Green Recovery with natural capital accounting

From COVID-19 to Green Recovery with natural capital accounting

Towards a better future for biodiversity and people: modelling Nature Futures

Social Consequences of Economy Digital Transformation

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