Eastern Himalayas & Naturenomics™
Naturenomics™ relates to capital formation for a region or an organization through the creation of ecologically 'compliant' assets in a sustainable manner. The current model of economic development forces us to make a choice between development and sustaining natural resources. Contrary to this belief, Naturenomics™ believes that this need not be a choice, and infact we can have economic development while sustaining our natural resources.
Naturenomics™ addresses capital formation through the recognition of ecological assets - 'Nature Capital'. A Naturenomics based economy attempts to secure 4 key natural assets - food, water, energy and environment. Practically, this means:
- Deriving our food and water needs through effective land and water resource management
- Satisfying our energy needs through hydrogen and solar based fuels rather than carbon based fuels, and
- Meeting our ever active consumer appetite by increasing reuse and recycling and avoiding extraction
- Agriculture - creating the next green revolution by optimising the economic value add of land, and developing agro-based intellectual capital
- Fishery - centre of excellence for fresh water inland fish
- Forestry - planned utilisation of resources
- Water management - creating a water driven revolution
- Clean energy - harvest and reduce wastage of the abundant resources in the region for energy
- Tourism - creating destination for discerning travelers through a 3-pronged nature driven approach.
Each of these industries will support symbiotic industries which will create the multiplier effect in the regional economy. Investment in nature capital is critical to restore, sustain and expand the ecosystem. In addition, to support these verticals, investments would need to be made in infrastructure, both hard infrastructure (urban / municipal infrastructure, power, transportation, telecommunications), and social infrastructure (population planning, health, education).
Towards, this end, the Foundation has released a number of publications that relate to its core focus area of an alternative approach to Capital Formation by compiling a set of articles from renowned thought leaders, leading publications and a group of in-house research analysts.