This blog breaks down “natural capital,” a concept that could revolutionize the way nature is protected.
This video describes how WAVES is working with Costa Rica to construct natural capital accounts to get a more accurate representation of the country’s natural resources and how they interact with the economy. In Spanish with English subtitles.
A detailed analysis of the Central Highlands' forests in Victoria, Australia, concludes the net economic contribution from forestry in the area is relatively minor compared to the contribution to the state's water supply, tourism and farming.
Environmental policies that invest in natural capital are improving services provided by China's ecosystems, such as flood control and sand storm mitigation, according to research conducted by an international team of scientists.
This new series describes what forest, land and water accounts are, their potential benefits, how they are produced, and what SDG goal they support. They also provide figures, photos and case studies from WAVES countries.
With support from WAVES, Costa Rica's Central Bank and Ministry of the Environment and Energy released Costa Rica’s first forest accounts. Results have critical implications for how Costa Rica manages its forest resources.
One company is trying to measure exactly how much urban trees are worth, but some things defy calculation.