Transforming Business with Natural Services Valuation in Southeast Asia
In Southeast Asia, valuing natural services is becoming essential for sustainable business strategies. Here's a snapshot of how different countries are leading the charge:
Singapore
Urban Greenery: Aims to plant 1 million trees by 2030 through the Singapore Green Plan 2030.Biodiversity: $1.6 billion invested in green infrastructure (2021-2025) .
Malaysia
Biodiversity Policy: National Policy on Biological Diversity 2016-2025 integrates natural capital into corporate strategies.Sustainable Palm Oil: The Malaysian Palm Oil Certification Council reported a 40% reduction in deforestation .
Indonesia
Green Growth: Green Growth Program includes natural capital valuation for sustainable development.Forestry: Reduced deforestation by 15% in 2022 through improved practices .
Thailand
Marine Ecosystems: Andaman Sea Marine Protected Area Network conserves critical habitats.Economic Impact: Coastal and marine ecosystems contribute $24 billion annually to the economy .
Vietnam
PFES Program: Payment for Forest Ecosystem Services generated $124 million for conservation in 2021.Community Support: Benefited over 500,000 households reliant on forests .
Valuing natural services helps businesses balance growth with environmental stewardship. Southeast Asia is setting a global benchmark for integrating natural capital into business strategies
Let’s champion these efforts for a sustainable future!
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