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Online International News Network

Published Date: Jul 25, 2014

Scientists stress human, natural capitals vital for economic uplift

Scientists and Researchers on Thursday termed the human and natural
capitals important for the economic development. They also stressed for
maintaining the real-time, quality, transparent data and a real
unquestionable mechanism to monitor the on-going changes in the forests
across the country.

They made these comments during a
consultative seminar on “Making use of Natural and human capital”, that
was organised by SDPI. During the seminar senior researchers Mome
Saleem, Sadia Ishfaq, Shakeel Ramay and Salman Ata with guest speakers
Ambassador Shafqat Kakakhel, Mohsin Iqbal and Nasir Mehmood
participated.

The third instalment in a series of seminars
emphasized that climate change means a direct break down within the
economy. Human capital entails any characteristic regarding skill of
labour, knowledge education and training.

Dr. Mohsin Iqbal from
Global Change Impact Study Centre stressed the improvement of health,
environment training and skill, and educating general public of the
vulnerabilities they are exposed to in order to contribute to
development.

“The human security must be a pre-requisite of
development, to prevent creation of ‘new poor,’ as certain populations
are more susceptible to climate change, such as children, women and
rural areas, Mohsin Iqbal added.

He stated that climate change
phenomenon was seriously reducing the speed of economic growth,
affecting the crops and their yields.

IF we strictly cap the CFCS gases, Dr. Mohsin Iqbal added further, still their effects will continue by next two decades.

Nasir
Mehmood, The Inspector General Forests, commented on human capital,
social capital and natural capital which must take into accounts rain
lands as well. Inclusion and cooperation with nomadic population
incorporates them into the system.

He said that the floods can
be managed to contribute as a boom and not as a disaster, as they play a
role in cleaning water and revitalizing aquatic life.

“Cooperation
and sharing of information between research think tanks and government
ministries is a step in the right direction. There is a need for real
and quantifiable data with regards to ecosystem monitoring,” Mehmood
added.

Ambassador Shafqat Kakakhel concluded with the seminars success in reaching a better understanding of pathways to resilience.

According
to him response to risk should be urgent as they affect the very
quality of life. We are further hoping to create a synergy more
inclusive and transparent with involvement of all stakeholders to
facilitate sustainable and climate resilient development, he added.

Earlier
the researchers at SDPI highlighted that human capital contributes as a
production factor, where human is a creator in terms of innovation and
invention as well. Thus protecting, sustaining and nourishing human
capital is necessary, and its conflicts with climate change must be
accounted for, a one degree rise of temperature results in a loss of
nine points in GDP per capita.

They urged that the human health
is directly impacted by climate change, indirectly effecting quality of
food, ecology, industry etc.

In this context health and poverty
are interlinked with one another. It has been observed and assessed that
climate will intercept all sectors of society, in areas of production,
income and development and will only further marginalize the already
marginalized communities, the researchers elaborated.

Adaptation
strategies for health have been submitted by World Bank, UNFCCC and
IIED by improving infrastructure, evaluation studies, preventative
measures and regulatory bodies, they added.

The SDPI researchers
team added that the natural capital comprises as stock of natural
resources comprising of ecosystem services, such as flood control,
erosion control to name a few. Natural capital connects directly to
employment livelihood and income, especially in poor semi-arid lands.

The
dilemma lies is the limitation on natural capital, due to the never
ending and increasing demand to produce. Imbalances in ecosystems
threaten to destroy forestry and livestock distribution.

Three
sectors of focus water, forest and land, Declining quality and quantity
of water, where Pakistan is under severe water stress relative to the
world, they concluded.

Source: http://www.onlinenews.com.pk/details.php?newsid=267257&catname=Business