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Day 3: 9 November 2023 (Thursday)
Natural Capital Assessments and Accounting in Practice and Action Planning for
Developing Natural Capital Approaches in Pilot Countries
Moderator: Suzanne Robertson, Principal Operations Coordination Specialist
(Environment and Agriculture), CCSD, ADB

Venue: Multi-Function Hall 3 

             Time  
                                                                Activities
8:00 – 8:30 am                   Attendance 
8:30 – 9:00 am 
Recap of Days 1 and 2 
Suzanne Robertson, Principal Operations Coordination Specialist (Environment and Agriculture), CCSD, ADB 
Mary Ruckelshaus, Executive Director, Natural Capital Project at Stanford University


Open Discussion 
Session 9: Natural Capital Investments – Long-Term Impact on Food Security, Climate Change, and Livelihoods

Moderator:
Suzanne Robertson, Principal Operations Coordination Specialist (Environment and Agriculture), CCSD, ADB
9:00 – 9:40 am            
Panel Discussion: Natural Capital Investments – 
Long-Term Impact on Food Security, Climate Chang, and Livelihoods                         

Qingfeng Zhang, Senior Director, AFNR-SG, ADB 
Yoko Watanabe, Director, Environment, CCSD, ADB 
Christine Engstrom, Senior Director, Finance-SG, ADB 
Pavit Ramachandran, Country Director, Philippines, ADB  

9:40 – 9:50 am
Networking Break  
​​Session 10: Opportunities for Finance and Policy Innovations for Natural Capital Conservation   

Moderator: 
Sanath Ranawana, Principal Water Resource Specialist, SG-AFNR, ADB  
9:50 – 10:00 am                        
Introduction to Innovation and Finance Solutions for Natural Capital Conservation in Asia 
Sanath Ranawana, Principal Water Resources Specialist, AFNR-SG, ADB  
10:00 – 10:10 am 
Case Studies ​and New Frontiers​: Methods ​and Opportunities ​for Natural Capital ​Initiatives ​​in the Asia-Pacific Region​​

1. Regional Flyways ​​Initiative​​  
​​​Duncan Lang, Senior Environment Specialist, CCSD, ADB​​  
10:10 – 10:20 am 
2. Nature-based Solutions​​  ​​
Sanath Ranawana, Principal Water Resources Specialist, AFNR-SG, ADB​​  
10:20 – 10:30 am 
3. Sustainable Cashmere Project, Mongolia​​  ​​
 ​​Takeshi Ueda, Principal Natural Resources and Agriculture Economist, AFNR-SG, ADB​​     
10:30 – 10:40 am 
4. Private Sector Models/Examples of Case Studies with ADB Leadership  
Noorullah, Senior Investment Specialist, Private Sector Operations Department, ADB  
10:40 – 10:50 am 
Open Discussion
Session 11: Implementing Natural Capital Assessments and Accounting in Spatial ​​Planning

Moderators:
Jade Delevaux, Senior Fellow, Natural Capital Project at Stanford University  
10:50 – 11:00 am                              
Addressing the Climate Crisis Locally with Nature-based Solutions in Coastal Communities through Nationally Determined Contributions (NDCs) 
Jade Delevaux, Senior Fellow, Natural Capital Project at Stanford University  
11:00 – 11:10 am
Mainstreaming Natural Capital Assessments for Land and Marine Spatial Planning and Management in the Asia and the Pacific Region

1. People’s Republic of China and Protected Areas 
Baolong Han, Associate Professor, Research Center for Eco-Environmental Sciences, Chinese Academy of Sciences
11:10 – 11:15 am 
2. Myanmar Natural Capital Work
Lisa Mandle, Director of Science-Software Integration and Lead Scientist, Natural Capital Project at Stanford University  
11:15 – 11:20 am 3. Nature Hazards in Asia
Rafael Schmitt
, Lead Scientist, Natural Capital Project at Stanford University 
11:20 – 11:30 am 
Open Discussion
11:30 – 1:00 pm
Private Dining Rooms
2, 3, 3A, 4, and 6  
Networking Lunch 
Session 12: Introduction to InVEST    

Moderators: 
Jade Delevaux, Senior Fellow, Natural Capital Project at Stanford University
Jess Silver, Ecosystems Services Analyst, Natural Capital Project at Stanford University
Jesse A. Goldstein, Geographic Information System Analyst, Natural Capital Project at Stanford University  

1:00 – 1:10 pm                 
Overview of InVEST and ROOT Models 
Jesse A. Goldstein, Geographic Information System Analyst, Natural Capital Project at Stanford University 

Clarifying ​Q&A about InVEST 
1:10 – 1:20 pm 
Present Work in Pilot Countries: Showcasing InVEST Models in GEF Pilot Projects 

1. Cook Islands: InVEST Coastal Vulnerability Model 
Jade Delevaux, Senior Fellow, Natural Capital Project at Stanford University  
1:20 – 1:30 pm 
2. Philippines: InVEST Recreation and Tourism Model 
Jess Silver, Ecosystems Services Analyst, Natural Capital Project at Stanford University  
1:30 – 1:40 pm 
3. Sri Lanka: InVEST Sediment Delivery Ratio Model and ROOT 
Jesse A. Goldstein, Geographic Information System Analyst, Natural Capital Project at Stanford University  
1:40 – 1:50 pm 
Teaser: Mapping Beneficiaries and Considering Equity in Natural Capital Assessments 
Jade Delevaux, Senior Fellow, Natural Capital Project at Stanford University  
1:50 – 2:00 pm 
Survey  
2:00 – 2:15 pm 
Q & A about Applications, Tools, and Data 
Session 13: Action Planning for Natural Capital Assessments and Accounting

Moderators: 
Anne Guerry, Chief Strategy Officer and Lead Scientist, Natural Capital Project at Stanford University
Narayan Iyer, Senior Natural Resources and Agriculture Specialist (Agribusiness), AFNR-SG, ADB  

2:15 – 2:30 pm                                 
Developing Strategies for Implementing Natural Capital Approaches and Finance Solutions in Participants' Respective Organizations in Asia: Pathways to ​​Impact 

Introduction
Anne Guerry, Chief Strategy Officer and Lead Scientist, Natural Capital Project at Stanford University 
Narayan Iyer, Senior Natural Resources and Agriculture Specialist (Agribusiness), AFNR-SG, ADB  

2:30 – 3:30 pm
4D114 Meeting Room
Breakout Sessions for Pilot Country Teams to Advance Pilots in Each Country 

1.  Armenia  
Moderators:
Yasmin Siddiqi, Director, AFNR-SG, ADB 
Jerome Laycock, Project Manager, Natural Capital Project at Stanford University  

2:30 – 3:30 pm
4D217 Meeting Room
2. Cook Islands 
Moderators: 
Suzanne Robertson
, Principal Operations Coordination Specialist (Environment and Agriculture), CCSD, ADB 
Jade Delevaux, Senior Fellow, Natural Capital Project at Stanford University  

2:30 – 3:30 pm
7D112 Meeting Room  
3. People’s Republic of China 
Moderators: 
Thomas Panella, Natural Capital Team, AFNR Sector Office, ADB 
Baolong Han, Associate Professor, Research Center for Eco-Environmental Sciences, Chinese Academy of Sciences 
2:30 – 3:30 pm
6D217 Meeting Room
4. Philippines 
Moderators: 
Jiangfeng Zhang, Director, AFNR-SG, ADB 
Jess Silver, Ecosystems Services Analyst, Natural Capital Project at Stanford University  

2:30-3:30 pm
6D519 Meeting Room
5. Sri Lanka 
Moderators: 
Sanath Ranawana
, Principal Water Resources Specialist, AFNR-SG, ADB  
Lisa Mandle, Director of Science-Software Integration and Lead Scientist, Natural Capital Project at Stanford University 
 
Rafael Schmitt, Lead Scientist, Natural Capital Project at Stanford University 
2:30 – 3:30 pm 
6D114 Private Meeting Room  
6. Others 
Moderator: 
Takeshi Ueda, Principal Natural Resources and Agriculture Economist, AFNR-SG, ADB  
Jerome Laycock, Project Manager, Natural Capital Project at Stanford University 

3:30 – 3:40 pm 
Networking Break 
Session 14: Action Planning for Natural Capital Assessments and Accounting​—​Continued and Closing​ Discussion​ 

Moderators:
Anne Guerry
, Chief Strategy Officer and Lead Scientist, Natural Capital Project at Stanford
Narayan Iyer, Senior Natural Resources and Agriculture Specialist (Agribusiness), AFNR-SG, ADB  

3:40 – 4:20 pm      
Reports from Breakouts and Discussion, and Next Steps:
Presentations from Country Delegates
1. Armenia 
2. Cook Islands
3. People’s Republic of China
4. Philippines 
5. Sri Lanka 
6. Others  

4:20 – 4:35 pm 
Post-Forum Survey 
Jerome Laycock, Stanford University Natural Capital Project  
4:35 – 4:45 pm  
Insights from Selected Participants 
4:45 – 5:00 pm 
Closing Remarks
Qingfeng Zhang, Senior Director, AFNR-SG and Co-Head, Nature, ADB