Rapid economic development has been a boon to human well-being. It has lifted millions out of poverty, raised standards of living, and increased life expectancies. But economic development comes at a significant cost to natural capital'the fertile soils, forests, coastal marshes, farmland'that support all life on earth, including our own. The dilemma of our times is to figure out how to improve the human condition without destroying nature's. If ecosystems collapse, so eventually will human civilization. One answer is inclusive green growth'the efficient use of natural resources. Inclusive green growth minimizes pollution and strengthens communities against natural disasters while reducing poverty through improved access to health, education, and services. Its genius lies in working with nature rather than against it.
Green Growth That Works is the first practical guide to bring together pragmatic finance and policy tools that can make investment in natural capital both attractive and commonplace. The authors present six mechanisms that demonstrate a range of approaches used around the globe to conserve and restore earth's myriad ecosystems, including:
Government subsidies
Regulatory-driven mitigation
Voluntary conservation
Water funds
Market-based transactions
Bilateral and multilateral payments
Through a series of real-world case studies, the book addresses questions such as: How can we channel economic incentives to make conservation and restoration desirable? What approaches have worked best? How can governments, businesses, NGOs, and individuals work together successfully?
Pioneered by leading scholars from the Natural Capital Project, this valuable compendium of proven techniques can guide agencies and organizations eager to make green growth work anywhere in the world.
PART I. Introduction and Background Chapter 1. The Case and Movement for Securing People and Nature Lisa Mandle, Zhiyun Ouyang, James Salzman, Ian Bateman, Carl Folke, Anne D. Guerry, Cong Li, Jie Li, Shuzhuo Li, Jianguo Liu, Stephen Polasky, Mary Ruckelshaus, Bhaskar Vira, Alvaro Umaña Quesada, Weihua Xu, Hua Zheng, and Gretchen C. Daily Chapter 2. Scaling Pathways for Inclusive Green Growth Mary Ruckelshaus, Gretchen Daily, Stuart Anstee, Katie Arkema, Onon Bayasgalan, Carter Brandon, Becky Chaplin-Kramer, Helen Crowley, Marcus Feldman, Annette Killmer, Cong Li, Jie Li, Shuzhuo Li, Michele Lemay, Jianguo Liu, Carl Obst, Zhiyun Ouyang, Steve Polasky, Enkhtuvshin Shiilegdamba, Samdanjigmed Tulganyam, Ray Victurine, Greg Watson, Weihua Xu, and Hua Zheng Chapter 3. Amplifying Small Solutions for System-Wide Change Eric F. Lambin, Jim Leape, and Kai Chan Chapter 4. Collaborative Approaches to Biosphere Stewardship Carl Folke, Beatrice E. Crona, Victor Galaz, Line J. Gordon, Lisen Schultz, and Henrik Österblom Chapter 5. The Five Psa: Policy Instrument Choice for Inclusive Green Growth James Salzman
PART II. Policy and Finance Mechanisms for Natural Capital, Ecosystem Services, and Livelihoods Chapter 6. Government Payments Lisa Mandle Chapter 7. Regulatory Mechanisms Lisa Mandle, Rick Thomas, and Craig Holland Chapter 8. Voluntary Mechanisms Lisa Mandle and Meg Symington Chapter 9. Water Funds Kate A Brauman, Rebecca Benner, Silvia Benitez, Leah Bremer, and Kari Vigerst++l Chapter 10. Market-Based Mechanisms Rebecca Chaplin-Kramer and Lisa Mandle Box 10-1. The Forest Resilience Bond: Connecting Private Capital to Restoration Projects that Reduce Fire Risk and Provide Ecosystem Service Co-Benefits Benjamin P. Bryant, Zachary Knight, Phil Saksa, and Nick Wobbrock Chapter 11. Bilateral and Multilateral Mechanisms Rick Thomas
PART III. Successful Experience in Inclusive Green Growth around the World Chapter 12. China: Designing Policies to Enhance Ecosystem Services Zhiyun Ouyang, Changsu Song, Christina Wong, Gretchen C. Daily, Jianguo Liu, James Salzman, Lingqiao Kong, Hua Zheng, and Cong Li Chapter 13. Costa Rica: Bringing Natural Capital Values into the Mainstream Alvaro Umaña Quesada Chapter 14. United States: Blending Finance Mechanisms for Coastal Resilience and Climate Adaptation Katie Arkema, Rick Bennett, Alyssa Dausman, and Len Materman Chapter 15. United Kingdom: Paying for Ecosystem Services in the Public and Private Sectors Ian Bateman, Amy Binner, Brett Day, Carlo Fezzi, Alex Rusby, Greg Smith, and Ruth Welters Chapter 16. Caribbean: Implementing Successful Development Planning and Investment Strategies Katie Arkema and Nicola Virgill-Rolle Box 16-1. Valuing Nature in Myanmar as the Basis of Economic Development and Decision-Making Hanna Helsingen, Nirmal Bhagabati and Sai Nay Won Myint Chapter 17. Cities: Incorporating Natural Capital into Urban Planning Perrine Hamel, Fran+ºois Mancebo, Clément Féger, and Stéphanie Hamel
Acknowledgements Contributors About the Editors Index
"This book's practical exploration of 'inclusive green growth' refutes the notion that a rising GDP is environmentally harmless. Communities and people everywhere are hungry for solutions that fuse economic, social, and environmental goals, and this book superbly fills that need."
