{"id":85897,"date":"2026-04-30T11:21:28","date_gmt":"2026-04-30T10:21:28","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=project&#038;p=85897"},"modified":"2026-04-30T11:22:48","modified_gmt":"2026-04-30T10:22:48","slug":"re-valuing-blue-natural-capital-initiative","status":"publish","type":"project","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/projects\/re-valuing-blue-natural-capital-initiative\/","title":{"rendered":"Re-Valuing Blue Natural Capital Initiative"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><article class=\"intro block block--fullwidth  has-blue-background-color\">\n    <div class=\"intro__inner block__inner\">\n                    <div class=\"intro__text\">\n                \n<?xml encoding=\"UTF-8\"><p style=\"font-weight: 400;\">The Re-Valuing Blue Natural Capital initiative aims to accelerate the protection and restoration of the ocean for the benefit of current and future generations, as well as all life on Earth. The initiative seeks to achieve this by showing how the ocean&rsquo;s &lsquo;blue&rsquo; natural capital can be embedded within global economic, financial and legal systems to support its sustainable governance and management.<\/p>\n<p style=\"font-weight: 400;\">Blue natural capital encompasses the nature-made renewable and non-renewable resources and services in marine and coastal ecosystem types, including coral reefs, mangroves, seagrass beds, open ocean, biomass and biodiversity in the water column and deep-sea systems. Ecosystem goods and services, biotic and abiotic, flow from these natural resource stocks (e.g. food provision, carbon sequestration, coastal protection, nutrient cycling) ultimately supporting the economy, human livelihoods, and cultural identities.<\/p>\n<p style=\"font-weight: 400;\">The initiative&rsquo;s ultimate ambition is to contribute to a future in which the importance of blue natural capital is impossible to ignore, in which degrading it carries real and recognised consequences, and in which maintaining and restoring it is systematically rewarded.<\/p>\n\n                            <\/div>\n                            <div class=\"intro__media\">\n                <div class=\"intro__image img-fit\">\n                    <img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"525\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/04\/fish_ocean.jpg\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/04\/fish_ocean.jpg 700w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/04\/fish_ocean-350x263.jpg 350w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\">                <\/div>\n                                    <div class=\"intro__image-caption\">\n                        Photo: Ng Aik Hong\/istock                     <\/div>\n                            <\/div>\n            <\/div>\n<\/article>\n\n\n\n<h2 class=\"wp-block-heading\">Outcomes for 2026 and 2027<\/h2>\n\n\n\n<p>The initiative will deliver three interconnected outcomes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Develop a research agenda on blue natural capital that identifies critical knowledge gaps and priority areas across economics, finance and law, and explores how transformative change in the governance and valuation of the ocean and its marine ecosystems can be operationalised.&nbsp;<\/li>\n\n\n\n<li>Identify and pilot concrete approaches that demonstrate how blue natural capital can be valued, accounted for and protected in real-world contexts.<\/li>\n\n\n\n<li>Shape academic and policy discourse to support transformative change in how the ocean is governed and valued, informing key global processes including the 2028 UN Ocean Conference and post-Agenda 2030.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Contributors, hosting and funding<\/h2>\n\n\n\n<p>The initiative is structured around four plenary meetings bringing together an interdisciplinary high-level Sounding Board of internationally recognised academics and practitioners. It is further supported by a wider network of experts spanning research institutions, think tanks, policy organisations, financial institutions, civil society and government bodies worldwide.&nbsp;<\/p>\n\n\n\n<p>The initiative is hosted by the Grantham Research Institute on Climate Change and the Environment and the&nbsp;<a href=\"https:\/\/www.lse.ac.uk\/global-school-of-sustainability\">Global School of Sustainability<\/a>&nbsp;(GSoS) at LSE, cutting across two core GSoS themes: &lsquo;Protecting and enhancing nature and biodiversity&rsquo; and &lsquo;Mobilising political, legal and governance systems&rsquo;. The initiative is funded by the Oceano Azul Foundation.<\/p>\n\n\n    <section class=\"team block\">\n        <div class=\"team__inner block__inner-\">\n                            <div class=\"team__heading section-heading section-heading--has-heading\">\n    <div class=\"section-heading__inner\">\n                    <h2 class=\"section-heading__heading\">Project team<\/h2>\n        \n            <\/div>\n<\/div>\n                        <div class=\"team__items\">\n                <div class=\"square-flag-grid\" id=\"section-\">\n        <div class=\"square-flag-grid__items\">\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/giles-atkinson\/\">Giles Atkinson<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Acting Director<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/giles-atkinson\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Giles Atkinson                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"335\" height=\"350\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/Giles_Atkinson_web-335x350.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/Giles_Atkinson_web-335x350.jpg 335w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/Giles_Atkinson_web.jpg 400w\" sizes=\"auto, (max-width: 335px) 100vw, 335px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/franka-huhn\/\">Franka Huhn<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Policy Officer (Re-valuing Blue Nature Capital)<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/franka-huhn\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Franka Huhn                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"347\" height=\"350\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/01\/Huhn_Franka-347x350.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/01\/Huhn_Franka-347x350.jpg 347w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/01\/Huhn_Franka-80x80.jpg 80w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/01\/Huhn_Franka-150x150.jpg 150w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2026\/01\/Huhn_Franka.jpg 400w\" sizes=\"auto, (max-width: 347px) 100vw, 347px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/joana-setzer\/\">Joana Setzer<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Associate Professorial Research Fellow<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/joana-setzer\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Joana Setzer                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"233\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/07\/Joana_Setzer_2023-350x233.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/07\/Joana_Setzer_2023-350x233.jpg 350w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/07\/Joana_Setzer_2023.jpg 600w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\">Monserrat Madariaga G&oacute;mez de Cuenca<\/h3>\n\n                    <p class=\"square-flag__subheading\">Consultant<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <img decoding=\"async\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/themes\/grantham\/assets\/images\/profile-placeholder.svg\" alt=\"\" loading=\"lazy\" role=\"presentation\">            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/elena-almeida\/\">Elena Almeida<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Associate (CETEx)<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/elena-almeida\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Elena Almeida                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"301\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2021\/11\/Elena_Almeida_web-1-350x301.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2021\/11\/Elena_Almeida_web-1-350x301.jpg 350w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2021\/11\/Elena_Almeida_web-1.jpg 500w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/wallis-greenslade\/\">Wallis Greenslade<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Associate (CETEx)<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/wallis-greenslade\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Wallis Greenslade                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"233\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/02\/Wallis_Greenslade_web-350x233.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/02\/Wallis_Greenslade_web-350x233.jpg 350w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/02\/Wallis_Greenslade_web.jpg 600w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/nicola-ranger\/\">Nicola Ranger<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Executive Director of Earth Capital Nexus and Professor in Practice<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/nicola-ranger\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Nicola Ranger                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"263\" height=\"350\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/Nicola_Ranger_2025-263x350.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/Nicola_Ranger_2025-263x350.jpg 263w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/Nicola_Ranger_2025.jpg 400w\" sizes=\"auto, (max-width: 263px) 100vw, 263px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n                    <div class=\"square-flag-grid__item\">\n                <article class=\"square-flag\">\n    <div class=\"square-flag__inner\">\n        <h3 class=\"square-flag__heading notranslate\"><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/emma-odonnell\/\">Emma O&rsquo;Donnell<\/a><\/h3>\n\n                    <p class=\"square-flag__subheading\">Research Officer (Earth Capital Nexus)<\/p>\n        \n        \n            <\/div>\n\n    <div class=\"square-flag__media img-fit\">\n                    <a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/emma-odonnell\/\">\n                            <span class=\"screen-reader-text\">\n                    Read more about Emma O&rsquo;Donnell                <\/span>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"350\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/09\/Emma_ODonnell_web-257x350.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" aria-hidden=\"true\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/09\/Emma_ODonnell_web-257x350.jpg 257w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/09\/Emma_ODonnell_web.jpg 367w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\">                    <\/a>\n            <\/div>\n<\/article>\n            <\/div>\n            <\/div>\n    <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n\n\n\n<p><\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Outcomes for 2026 and 2027 The initiative will deliver three interconnected outcomes: Contributors, hosting and funding The initiative is structured&hellip;<\/p>\n\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"template":"page-templates\/full-width.php","tags":[],"topic_area":[],"class_list":["post-85897","project","type-project","status-publish","hentry"],"acf":{"show_page_header":{"ref_value":"field_5e9d8cfb645b1","value":"1","type":false,"post_type":""},"page_header_content":{"ref_value":"field_5e9d8d3a645b2","value":"","type":false,"post_type":""},"page_header_image":{"ref_value":"field_68533ddd77ff7","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Re-Valuing Blue Natural Capital Initiative - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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