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.
WAVES began its second phase (2016 - 2020), with the UK’s Department for International Development becoming the first donor to contribute to the WAVES+ Multi Donor Trust Fund.
A new paper defines four key concepts for ecosystem accounting, illustrated with real-world examples.
Indonesia is making signficiant progress on natural capital accounting, including learning from others' experiences on integrating accounts into policymaking.
In the Philippines, WAVES is supporting the production of ecosystem acounts for the island of Palawan, with a focus on recreational services.