The idea of going “beyond GDP” is not new: For over 30 years, economists have been advancing methods for valuing natural capital. It gained new momentum when the methodology for calculating Natural Capital Accounts (NCA) became a standard with the UN Statistical Commission’s adoption of the System for Environmental and Economic Accounts (SEEA) in 2012.
There is growing consensus that GDP is not the best indicator of a country’s true economic status. One major limitation is the poor representation of natural capital. Important contributions to the economy made by forests, wetlands, and minerals are not fully captured in national accounts or may be hidden.
Join us to discuss the advantages of NCA in crafting policy, and possible strategies for promoting its use in making evidence-based decision-making in the public and private sectors, towards the goal of sustainable development.
The World Health Organization estimates that each year, at least 2 billion people worldwide become ill as a result of food poisoning and contamination of the food supply chain. Poorly handled food and unsafe practices can also cause millions of people to die, including many children. Food containing harmful bacteria, viruses, parasites or chemical substances is responsible for more than 200 diseases, ranging from diarrhea to cancers. As the world population is projected to climb to over 9 billion by 2050, the demand for food will continue to rise. Furthermore, higher incomes and increasing urbanization trends are likely to transform food consumption patterns, and increase demand for animal products and more readily accessible and processed food. However, food availability alone does not guarantee food safety.
This conversation seeks to catalyze thoughtful discussion about global food safety, highlight best practices in food safety capacity building across the world, and seek new ways of ensuring that people all over the world have access to a safe food supply and are in a better position to address challenges.