Natural Capital Dialogue

Nay Pyi Taw, Myanmar 28th January 2015

Increasing Investments in Natural Capital in the Greater Mekong Subregion

The Natural Capital Dialogue brought together senior GMS government officials, international experts and a wide range of stakeholders to discuss the significance of natural capital in the context of inclusive and sustainable development in the Greater Mekong Subregion (GMS). Occurring ahead of the 4th GMS Environment Ministers’ Meeting (EMM4), the Natural Capital Dialogue presented an important opportunity to draw public and business sector attention to the need to increase investments in the Subregion’s natural capital.

Building on the momentum of Rio+20, GMS countries began to recognize the importance of natural capital for inclusive and sustainable development. However some questions required further discussion. These included: i) how sound natural capital management can deliver inclusive and sustainable economic growth and reduce poverty; ii) how to move from concept to action; and iii) how incorporation of natural capital values inform sound policy and investment decisions? 

The EMM4 took place a month after the 5th GMS Summit, where the Leaders of GMS countries stated the need to align the GMS vision of greater connectivity, competitiveness and community with national development strategies in order to attain mutual benefits. The GMS Leaders pledged to support the Regional Investment Framework (RIF) Implementation Plan as a strategic and results-based action plan that promotes inclusive and sustainable development in the GMS. The RIF Implementation Plan (2014–2018) represents an investment pipeline of over $30 billion, which will further enhance the subregion’s: a) physical capital, by supporting infrastructure development – to improve connectivity; b) its human capital, by supporting institutional and capacity development – to improve competitiveness; and c) its social capital – by supporting a greater shared sense of community.

In this context it is also important to recognize the need to increase investments in the Subregion’s natural capital which underpins the sustainability, inclusiveness and resilience of the RIF Implementation Plan. Indeed, in the context of the subregion’s vulnerability to climate change and other natural disasters, as well as to human-induced shocks, investments in natural capital present some of the most cost effective, economically viable and socially inclusive adaptation and resilience strategies. Failure to invest in natural assets is likely to significantly undermine achieving the GMS vision of greater connectivity, competitiveness and community.

Accordingly, the objectives of the Natural Capital Dialogue was to:

  • Raise awareness about the value of natural capital within the context of inclusive and sustainable development in the subregion.
  • Exchange global and regional good practices on promoting investments in natural capital.
  • Build consensus on the need to integrate natural capital considerations into subregional and national development planning.
  • Identify opportunities and priority actions to increase natural capital investments.

Identify effective and efficient partnerships for cross-sector and stakeholder coordination and collaboration to increase investments in natural capital at the subregional and national level.


File Name Size Modified
Natural Capital Dialogue​-Proceedings.pdf 268 KB 19-06-2015
Natural Capital Dialogue Agenda.pdf 107 KB 03-02-2015
Deputy Minister Opening Remarks .pdf 86 KB 27-01-2015
ADB James Nugent​-Natural Capital Dialogue Opening Remarks.pdf 118 KB 27-01-2015
Ple Sess 1. Costanza​-ANU​-Role of NC in Sus Devt.pdf 1 MB 03-02-2015
Ple Sess 1. Ouyang​-CAS​-NC in Policy Making.pdf 2 MB 03-02-2015
Ple Sess 2. Zahedi​-UNEP​-Valuing NC in Green Growth.pdf 2 MB 03-02-2015
Ple Sess 2. Nguyen​-ISPONRE​-Investing in NC in Viet Nam.pdf 2 MB 03-02-2015
Ple Sess 2. Chan​-MOE​-Cambodian NBSAP.pdf 1004 KB 03-02-2015
Ple Sess 2. Rodriguez​-CI​-NC transforming the way we think.pdf 2 MB 03-02-2015
Par Sess A. Chung​-UNESCAP​-NC mainstreaming.pdf 688 KB 03-02-2015
Par Sess A. Choulamany​-MAF​-NC from Lao PDR.pdf 2 MB 03-02-2015
Par Sess A. Bui​-ADB​-NC in GMS Energy Policy.pdf 2 MB 03-02-2015
Par Sess B. Vansy​-SNRMPEP​-Natural Capital at grassroots level.pdf 3 MB 03-02-2015
Par Sess B. Tint​-RECOFTC​-Investment for whom.pdf 826 KB 03-02-2015
Par Sess B. Samaniego​-ADB​-Investing in NC and Youth.pdf 1 MB 03-02-2015
Ple Sess 3. Shah​-GE​-Mainstreaming NC into business decisions.pdf 3 MB 03-02-2015
Ple Sess 3. Ranawana​-ADB​-Integrating NC into GMS RIF.pdf 2 MB 03-02-2015
Ple Sess 3. Priority Actions.pdf 61 KB 03-02-2015
Ple Sess 4. San Win​-UF Myanmar​-Strengthening Collaboration to NC Investment.pdf 344 KB 03-02-2015
Closing Remarks​-Deputy Minister Dr. Thet Thet Zin.pdf 58 KB 03-02-2015

See also

Digital Technologies for Advancing Food Security, Climate Action and Environmental Sustainability

14 to 15 March 2019

To assess current status of application of digital technologies in four areas:

1.Sustainable agriculture

2.Food traceability

3.Climate action (mitigation and adaptation)

4.Environmental sustainability


To solicit views from the representatives of the government, private sector, development partners and academia on most appropriate technologies, needs and gaps, and future priorities for action in the GMS


To identify opportunities for public-private partnerships in deployment of digital technologies in the GMS


More details

GMS Working Group on Environment 24th Annual Meeting

1st April 2019

The 24th Annual Meeting of the Greater Mekong Subregion (GMS) Working Group (WG) on Environment reviewed the achievements of the GMS Core Environment Program Phase II and discussed the way forward. WGE AM-24 was hosted by the People’s Republic of China’s Ministry of Ecology and Environment (MEE) with support from ADB through the GMS Environment Operations Center.


The WGE AM-24 was followed by thematic discussions that covered the proposed new programs entitled: "GMS Climate Change and Environmental Sustainability Program (CCESP)" and "GMS Sustainable Agriculture and Food Security Program (SAFSP)" which are aligned with three out of seven operational priorities of Strategy 2030 approved by the Asian Development Bank’s (ADB) Board in 2018.


The CCESP will focus on ADB Strategy 2030’s operational priority: tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability, while SAFSP will focus on ADB Strategy 2030’s operational priority: promoting rural development and food security. Both programs will support ADB Strategy 2030’s operational priority: fostering regional cooperation and integration.


More details
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