WAVES, a global partnership program led by the World Bank which started in 2012, is aimed at assisting countries to compile natural capital accounts for their key natural resources.
Data previously used to register land ownership is now being used to track changes in land use and provide information for development planning.
Following a workshop in the Dominican Republic, participants from Colombia, Costa Rica and Paraguay shared their perspectives on sharing knowledge for strengthening NCA.
150 representatives from the private sector, civil society, the public sector, and academia participated in a forum aiming to increase natural capital accounting in decision-making.
Con el fin de incrementar la contabilidad de los recursos naturales a la toma de decisiones y el desarrollo de políticas sostenibles en los sectores de bosque, agua y energía, se llevó a cabo el foro denominado, La Contabilidad de los Recursos Naturales.
Zambia is the first to join as a core implementing country under the second phase of WAVES.