United Nations (Advance copy)

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Figure 1

The green economy in action

Objective I. Reduced environmental risks and ecological scarcities

18. Natural capital — encompassing natural resource stocks and all living organisms from which ecosystem services are derived, as well as land and the ecosystems themselves — can be depleted if undervalued and mismanaged in economic activities. In an inclusive green economy, natural capital is properly valued and managed and thus maintained, ecological infrastructure is enhanced and biodiversity preserved, while externalities caused by economic activities and consumption of goods and services are internalized. The following three focus areas were identified with a view to prioritize the initiatives and actions necessary under this objective.

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