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economics

How to Measure Prosperity

GDP is a bad gauge of material well-being, time for a fresh approach that accounts for parks and intangible capital, as well as the depletion of capital and damage to the environment.

How to Measure Prosperity
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Australian Environmental-Economic Accounts, 2014

Australian Environmental-Economic Accounts, 2014

Australian Environmental-Economic Accounts, 2016

Beyond the Cowboy Economy: Towards Natural Capital Accounting

A blog by WAVES Senior Environmental Economist Juan Pablo Castaneda on NCA efforts and the importance of working with partners in Latin America where immense natural resources are being depleted.

Beyond the Cowboy Economy: Towards Natural Capital Accounting
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Economists Keep Saying We Should Put a Price on Nature. Now They’ve Finally Done It.

A formula for computing the price of natural capital was published in Proceedings of the National Academy of Sciences.

Economists Keep Saying We Should Put a Price on Nature. Now They’ve Finally Done It.
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Global Green Accounting 2015

Environmental-Economic Accounts (EEA)

Towards an Environmental Expenditure Account

Australian Environmental-Economic Accounts, 2015

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Global Program on Sustainability

GPS

WAVES is now part of the broader World Bank umbrella initiative, the Global Program for Sustainability (GPS).

Wealth Accounting and the Valuation of Ecosystem Services (WAVES) is a World Bank-led global partnership that aims to promote sustainable development by ensuring that natural resources are mainstreamed in development planning and national economic accounts.

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