To support countries with the move to Natural Capital Accounting, the World Bank initiated a partnership called WAVES - Wealth Accounting and the Valuation of Ecosystem Services − which includes several UN agencies, national governments, NGOs, academic and other institutions. WAVES works as a global partnership. Some are developing countries - Botswana, Colombia, Costa Rica, Madagascar, Philippines - working to establish environmental accounts in practice.
Developed countries like Australia, Canada, Japan, Norway, France, and the United Kingdom that are already exploring environmental accounting and have valuable lessons to share are also part of the partnership.
All share a common vision of a world where valuing the environment leads to better decisions for development. Over the next four years, it is hoped that this partnership will nurture a vibrant community that shares experience and expertise and raises awareness of the importance of environmental accounting for sustainable development.
Working group on economic and environmental accounting of the London Group that advises the United Nations Committee of Experts on Environmental Economic Accounting (UNCEEA)
UNEP's Green Economy Initiative
UNEP-UNDP Poverty and Environment Initiative