Meghalaya pioneers a bold adaptation strategy for forest economies and ecologically fragile regions. The ‘Environment State framework’, currently being prototyped through flagship projects, reimagines a nature-led economy and prioritises sustainability and nature preservation as drivers for growth.
Nature as a critical development asset shapes growth doctrines in the ecologically fragile state, driving innovative strategies for return on investment. These include carbon farming, PES schemes, carbon profiling, and Biodiversity Heatmap for preservation. Additionally, conservation-based livelihoods including eco-tourism premium, algal farming, and conservation basic income, are leveraged to support local communities. Furthermore, recasting natural and carbon inventory with premium value chains adds further value to infrastructure, industries, lifestyles, and overall growth, reimagining sustainable development paradigms. Several such innovations have been proposed and are being prototyped to operationalise and test this model that includes elements like banking with nature (financial instruments for preservation of forest) ,nature based legislation, nature and conservation based livelihoods and initiatives with a special focus on public sensitisation in changing the mindset and lifestyle of people (climate change museum). Meghalaya's innovative approach can serve as a global case study for green regions, offering radical new ways to foster economic development while preserving biodiversity.
This Panel will focus on innovative frameworks, transformative reimagination, schemes and pioneering projects that are prototyping this model for the world and creating a new global case study of a 'climate action zone' (like special economic zones) for the Indo Himalayan region.
Scene Setter: Mazel Ampareen Lyngdoh, Cabinet Minister, Government of Meghalaya, India
Panellists:
Tanvir Shakil Joy, Member of Parliament, Bangladesh
Hisham Mundol, Chief Advisor, Environmental Defense Fund, India
Iram Mirza, Former Strategy and Innovation Advisor, Ministry of Environment and Forest, Government of Meghalaya & Founder, The Firstborn Collective, India
Rikesh Gurung, Founder & Managing Director, The Green Road, Bhutan
Dulanga Witharanage, Climate Change Coordinator, Market Development Facility, Sri Lanka
Moderator: Mannat Jaspal, Associate Fellow, Observer Research Foundation, India
#nature #sustainability #climate #climatefinance
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