A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa

In response to the challenge of biodiversity loss and climate change, understanding the socioeconomic and financial vulnerabilities stemming from the associated physical and transition risks is essential. This paper presents a novel method that integrates ecological and macroeconomic indicators to a...

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Main Authors: Paul Hadji-Lazaro, Julien Calas, Antoine Godin, Andrew Skowno, Pamela Sekese
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:Environmental and Sustainability Indicators
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2665972725000261
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author Paul Hadji-Lazaro
Julien Calas
Antoine Godin
Andrew Skowno
Pamela Sekese
author_facet Paul Hadji-Lazaro
Julien Calas
Antoine Godin
Andrew Skowno
Pamela Sekese
author_sort Paul Hadji-Lazaro
collection DOAJ
description In response to the challenge of biodiversity loss and climate change, understanding the socioeconomic and financial vulnerabilities stemming from the associated physical and transition risks is essential. This paper presents a novel method that integrates ecological and macroeconomic indicators to assess multidimensional socioeconomic nature-related risks at several geographical scales using readily available data. Applying this method to South Africa, we find that 80% of the country's net exports are generated by water-dependent sectors, with 23% originating from water-sensitive municipalities, highlighting significant exposure to water scarcity. Similarly, 51% of mining sector exports are derived from municipalities with ecosystems threatened by mining activities, revealing vulnerabilities tied to transition risks that expose several macro-financial balances. These findings underscore the need for targeted policy interventions to reconcile ecological and economic goals, leveraging complementary insights from ecological and economic disciplines.
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institution Kabale University
issn 2665-9727
language English
publishDate 2025-06-01
publisher Elsevier
record_format Article
series Environmental and Sustainability Indicators
spelling doaj-art-89a00c070d8d4ddf919e3c6d099205ba2025-01-31T05:12:24ZengElsevierEnvironmental and Sustainability Indicators2665-97272025-06-0126100605A framework to assess socioeconomic and spatialized nature-related risks: An application to South AfricaPaul Hadji-Lazaro0Julien Calas1Antoine Godin2Andrew Skowno3Pamela Sekese4Université Sorbonne Paris Nord, Centre d'Economie de l'Université Paris Nord (CEPN), France; Agence Française de Développement, France; Corresponding author. Agence Française de Développement, France.Agence Française de Développement, FranceAgence Française de Développement, FranceSouth African National Biodiversity Institute, Cape Town, South Africa; University of Cape Town, South AfricaPegasys Strategy and Development, South AfricaIn response to the challenge of biodiversity loss and climate change, understanding the socioeconomic and financial vulnerabilities stemming from the associated physical and transition risks is essential. This paper presents a novel method that integrates ecological and macroeconomic indicators to assess multidimensional socioeconomic nature-related risks at several geographical scales using readily available data. Applying this method to South Africa, we find that 80% of the country's net exports are generated by water-dependent sectors, with 23% originating from water-sensitive municipalities, highlighting significant exposure to water scarcity. Similarly, 51% of mining sector exports are derived from municipalities with ecosystems threatened by mining activities, revealing vulnerabilities tied to transition risks that expose several macro-financial balances. These findings underscore the need for targeted policy interventions to reconcile ecological and economic goals, leveraging complementary insights from ecological and economic disciplines.http://www.sciencedirect.com/science/article/pii/S2665972725000261BiodiversityEcosystem servicesNature-related risksEconomicsFinanceDevelopment
spellingShingle Paul Hadji-Lazaro
Julien Calas
Antoine Godin
Andrew Skowno
Pamela Sekese
A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa
Environmental and Sustainability Indicators
Biodiversity
Ecosystem services
Nature-related risks
Economics
Finance
Development
title A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa
title_full A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa
title_fullStr A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa
title_full_unstemmed A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa
title_short A framework to assess socioeconomic and spatialized nature-related risks: An application to South Africa
title_sort framework to assess socioeconomic and spatialized nature related risks an application to south africa
topic Biodiversity
Ecosystem services
Nature-related risks
Economics
Finance
Development
url http://www.sciencedirect.com/science/article/pii/S2665972725000261
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