Natural Capital Singapore is a new research project to understand the benefits of nature in Singapore.
Singapore is a global leader in green urban development who has recognised that the quality of the natural environment is a key to economic performance and liveability. This three-year research project aims at incorporating the environment into holistic, national-scale planning by calculating the economic benefits from environmental assets (termed natural capital). The objectives of this project are:
1) to quantify the current status and health of Singapore’s major ecosystems;
2) to quantify the economic and societal values of these ecosystems;
3) to assess tradeoffs between human development and natural capital, and
4) to model future policy and urban development in order to find opportunities to integrate natural capital.
Natural Capital Singapore started on the 1st January 2018 and was officially launched in August 2018. Find out more on the project website.