WAVES has helpsed Indonesia implement a system that calculates the physical and monetary values of natural resources using an accounting system, or often referred to as Natural Capital Accounting, or NCA. Through NCA, natural resources can be mainstreamed into development policy and planning. This video captures the impact that accounting has had on policy-making in Indonesia.
The Indonesia-WAVES national Steering Committee met in May to discuss a work plan going forward, as well as issues like sharing data across agencies.
The Ministry of Finance and WAVES organized a training as part of ongoing efforts to implement NCA.
Decision-makers gathered in Jakarta to discuss moving forward with the implementation of the SEEA.
This new series of briefs demonstrates the progress made by five WAVES countries in translating NCA into policy, and also looks at three thematic areas: forests, water and energy.