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14-03: The Economics of Land Degradation Neutrality in Asia
1:30pm - 3:00pm
Session Chair: Pushpam Kumar, UNEP, Kenya
The Economics of Land Degradation Neutrality in Asia: Empirical Analysis & Policy Implications for the SDGs
The global community has acknowledged the risks that degradation poses to stability, food security and livelihoods by setting Sustainable Development Goal (SDG) 15, “Life on Land”. Target 15.3 specifically states that “By 2030, combat desertification, restore degraded land and soil, including land affected by desertification, drought and floods, and strive to achieve a land degradation-neutral (LDN) world.” Progress on the goal is set to be measured in terms of “proportion of land that is degraded over total land area” as an indicator, and sub-indicators (land cover and land cover change, land productivity, and above and below ground carbon stocks). These indicators are purely biophysical and empirical studies integrating biophysical indicators with socioeconomic factors using biophysical and econometric modelling approaches is crucial to provide a framework in which the costs and benefits of interventions against land degradation could be assessed.