Intergenerational Foresight 2026
Page 29 of 57 · WEF_Intergenerational_Foresight_2026.pdf
ILLUSTRATIVE PATHWAYS
The pathways below are illustrative rather than
prescriptive and demonstrate how institutions can
operationalize this provocation across different
institutional contexts.
1. Constitutionalize ecological legitimacy with
intergenerational governance
Constitutions or foundational laws can recognize
ecosystems as rights-bearing entities and mandate
ecosystem accounting as a basis for public decision-
making. Permanent intergenerational bodies at
national and subnational levels can co-set targets
for soils, forests and watersheds, review progress
against official ecosystem accounts and assess
projects that risk breaching ecological thresholds.
Adapted to Latin American contexts, such
arrangements would embed youth, elders and
historically marginalized communities into long-
horizon governance. Rural and Indigenous territories
serve as anchors of ecological and social continuity,
reducing dependence on short political cycles.
2. Build a regional natural capital finance
architecture
A regional natural assets facility could aggregate
and scale payments for ecosystem services and
other nature-linked instruments, aligning them with
national ecosystem accounts. Public development
banks and central banks could adjust risk models
and collateral frameworks to recognize verified
improvements in ecosystem condition.
Public budgets, credit allocation and the cost
of capital would then align with ecological
performance rather than extraction. Rural
communities would gain predictable long-term
revenue streams, enabling investment in education, health and local economies while reinforcing
stewardship as a core economic function.
3. Secure tenure and polycentric basin
governance
Community-led land registration reforms can secure
collective tenure, guarantee free, prior and informed
consent and record conservation obligations that
transfer with land. Governments can fund basin
councils and territorial assemblies with statutory
authority over land use, public investment and
concessions through fiscal transfers indexed to
water regulation, soil health and habitat connectivity.
Open digital registries linking contracts, funding
flows and verified ecosystem outcomes increase
transparency and rebuild trust. Treating basins and
territories as primary units of governance aligns
climate adaptation, food systems and infrastructure
planning with the lived experience of risk.
4. Create a universal stewardship dividend and
a nature-positive real economy
Public transfers, utility tariffs, tourism levies and
high-integrity biodiversity credits can finance long-
term stewardship payments to rural households
in priority biomes. These payments are linked
to measurable ecosystem outcomes. Public
procurement, agricultural extension, school meals
and infrastructure investment can incorporate
nature-positive criteria.
Over time, this reframes rural households as partners
in managing climate and biodiversity risk. Coupled
with education and civil-service reforms that
integrate ancestral knowledge with earth systems
science, this pathway supports a professional culture
of anticipatory, place-based governance.
GLOBAL RELEVANCE
The legitimacy challenges facing rural Latin America
reflect broader global fractures. Communities
that manage land, water and biodiversity often
experience decision-making as distant, extractive
and short-term. Trust erodes where benefits are
uneven and risks are imposed without consent.
This provocation offers a globally relevant response.
By operationalizing intergenerational compacts,
inclusive governance moves from consultation to
shared authority. Historically marginalized rural
communities are gaining recognized roles as
stewards of natural assets critical to national and
planetary resilience.More broadly, it reframes rurality in terms of global
leadership. Rural territories are not residual spaces
awaiting modernization. They are central to climate
security, food systems and ecological stability.
Empowering rural communities to co-design long-
horizon rules strengthens democratic legitimacy and
expands future options.
By defining prosperity in terms of ecosystem health
and embedding that definition in law, finance and
territorial governance, Latin America can model
a regenerative and intergenerationally fair form of
development. It demonstrates how governments can
rebuild legitimacy by aligning governance with the
continuity of life and well-being across generations.
Intergenerational Foresight: An Approach for Long-Term Responsibility in Governance
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