More countries in the LAC region are using NCA as a tool to inform their public policy decisions.
Natural capital accounting can add value in Rwanda’s national development planning process, said Minister for Natural Resources, Dr Vincent Biruta.
Our economic system functions within, not alongside, an environmental reality. The tools have been created over the past twenty years to factor the environment into our decision making. We just need to take the next step.
Co-hosted by the Ministry of Foreign Affairs in the Netherlands, the forum involved 45 participants from 15 countries, including high-income countries with years of NCA experience.
Through the Gaborone Declaration for Sustainability in Africa, countries are using natural capital accounting to measure and value their resources for better policy decisions.
In his State of the Nation Address, President of the Republic of Botswana Ian Khama reiterated the country's commitment to natural capital accounting efforts.