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Socioeconomic and spatially-explicit assessment of Nature-related risks: the case of South Africa

Author

Listed:
  • Julien CALAS
  • Antoine GODIN
  • Paul HADJI-LAZARO
  • Pamela SEKESE
  • Andrew SKOWNO

Abstract

This study introduces new methods for evaluating nature-related socioeconomic risks in the South African context, anchored on two main contributions. Firstly, it embarks on a multidimensional analysis of the exposure of several macro-financial and social variables to nature-related risks. Based on Environmentally Extended Input-Output tables and socioeconomic satellite accounts, the analysis identifies how physical and transition risks could exert significant impacts on directly and indirectly sectors essential for domestic and international supply chains but also for employment and fiscal revenues. Secondly, the research extends to a more granular spatially-explicit assessment, at the municipality level, of socioeconomic vulnerabilities related to water scarcity and the protection of terrestrial ecosystems. Results localize socioeconomic exposures through key sectors, especially in Mpumalanga. These two intertwined facets underline the importance of a holistic approach to nature-related risks, combining economists and ecologists' knowledge, and able to emphasize the intertwined goals of economic prosperity, social stability, and environmental sustainability.

Suggested Citation

  • Julien CALAS & Antoine GODIN & Paul HADJI-LAZARO & Pamela SEKESE & Andrew SKOWNO, 2023. "Socioeconomic and spatially-explicit assessment of Nature-related risks: the case of South Africa," Working Paper 199e7bd0-7dfd-4a54-bc1d-9, Agence française de développement.
    • Handle: RePEc:avg:wpaper:en16256
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    References listed on IDEAS

    as
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    4. Julien CALAS & Antoine GODIN & Julie MAURIN (AFD) & and Etienne ESPAGNE (World Bank), 2022. "Global biodiversity scenarios: what do they tell us for biodiversity-related socioeconomic impacts?," Working Paper 1a39419b-ef1d-4b82-a7be-d, Agence française de développement.
    5. Julien CALAS & Etienne ESPAGNE & Antoine GODIN & Julie MAURIN, 2022. "Global biodiversity scenarios: what do they tell us for Biodiversity-Related Financial Risks?," Working Paper a562217f-0f0e-4965-beb8-5, Agence française de développement.
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    Keywords

    Afrique du Sud;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics

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