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.
Government of Zambia says it is vital to account for natural resources in calculation of the Gross Domestic Product (GDP) and the wider national development.
Waves is working together with the Uganda government to support and build capacity in the measurement and valuation of natural assets and ecosystem services.
The challenge that lies ahead for Côte d’Ivoire si not only to continue its economic growth at an accelerated rate, but also to ensure that this growth is sustainable in the long run.
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.
A recent natural capital accounting workshop in Botswana brought together stakeholders from government, the private sector, and non-governmental organizations.