A Canada-wide pilot program aims to show municipalities the value of maintaining the country’s original infrastructure – nature.
Studies value Ireland's natural capital - or the wider environment - at €2.6bn a year, and includes the economic value of timber, the value that pollinators play in growing crops and the recreational value of the outdoors.
Forests and trees, celebrated on March 21, the International Day of Forests, are a cornerstone of addressing climate change and provide significant economic, social and health benefits.
Colombia's National Planning Department calculates the economic cost of forest fires using NCA.
In a paper in Proceedings of the National Academy of Sciences, a team devised a formula to determine the worth over time of natural capital, using the dollar value of groundwater in the U.S. state of Kansas as an example.
InVEST predicts that by 2030 one of the last remaining forests in Cambodia will face major reductions in forest cover, carbon storage, and loss of non-timber forest products if deforestation continues at its current rate.
The Billion Tree Tsunami initiative is helping to shift the current mindset of treating forests as ‘timber revenue’ machines towards one that considers treating them as valued ‘natural capital.’