In a changing climate, over 7 million people and $1 billion in GDP are at risk due to the loss of mangroves, according to a new World Bank working paper.
Governments are committing resources to ensure natural capital accounting becomes part of their routine business.
The Wealth Accounting and the Valuation of Ecosystem Services (WAVES) is a global partnership program that accounts for the natural capital and services ecosystems provide. Accounting for our natural resources and the benefits they provide us is the first step in sustainably managing these resources for future generations. Watch the video.
WAVES Program Manager Stig Johansson blogs on key global trends in NCA and highlights resources on the Knowledge Center.
Results call for an urgent need to strengthen policies and enforce environmental regulations to protect ecosystems, manage competing uses and promote sustainable development.