This event organised by the Nordic Council of Ministers in cooperation with UNEP The Economics of Ecosystems and Biodiversity (TEEB)-initiative brings together a range of key international experts and policy-makers to discuss and debate the role of natural capital in green economy, inspired by concrete examples and lessons learned.

Nature's capital - the ecosystems, genetic resources and the different species - is a foundation for a green, equitable and resilient economy. Nature underlines the very functioning of our socio-economic systems, creates a range of business opportunities and provides cost-effective solutions for different sectors.

The recognition that natural capital is fundamental for our well-being and should be appreciated for its many values, suggests that sustainable use, protection and restoration of nature needs to play a key role in the development of more sustainable economies.

The transition to a green economy will take different paths for different countries, depending on a country's natural assets, economy, social conditions and priorities. But natural capital can - and must - be a key driver in this transition.

The aim of the event is to explore various roles that natural capital can - or should - play in the approaches of different countries' to green economy.

A main focus will be a discussion of how the experience gained in the Nordic and European countries and elsewhere could best support a global transition to green economy.

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