Natural Capital, Institutions, and Adaptation: Insights from SANDEE@25

This convening paper summarizes the key messages and policy implications from SANDEE@25, a conference commemorating 25 years of SANDEE's work in development and environmental economics. The publication explores the role of natural capital in measuring sustainable progress, the importance of institutions in governing common resources, strategies for climate adaptation, approaches to agricultural finance, and the value of regional research collaboration. It provides recommendations for strengthening evidence-based decision-making and advancing sustainable and resilient development across South Asia and the HKH region.