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.
From around the web
The balance sheet should also account for natural capital
(Utility Week)
June 12, 2017
It’s time water companies’ 25-year business plans went beyond accounting only for financial capital and included natural, social and human capital as well.
A Tool for Sustainable Land Use Management in Rwanda
(World Bank)
June 06, 2017
Data previously used to register land ownership is now being used to track changes in land use and provide information for development planning.
New study to determine impact of natural assets on GDP in the offing
(The New Times)
June 07, 2017
The ministry of Natural Resources has announced that it will soon release the final results from studies on the contribution of natural resources to National GDP.
Natural capital: Holistic management makes ecosystems healthier, people wealthier
(EurekAlert)
June 07, 2017
In the Baltic Sea, ecosystem-based management bumps the value of stored wealth.
Natural Capital: Scotland’s competitive edge?
(Scotland's 2020 Climate Group)
June 05, 2017
There is a growing recognition of the need to move beyond a dependence on traditional measures of economic health, particularly GDP.
Natural Capital Impact Group Develops Single Biodiversity Metric to Help Companies Reduce Impacts
(Sustainable Brands)
May 31, 2017
To make it easier for companies to reduce their environmental impacts, businesses have banded together to develop a new healthy ecosystem metric.
Costa Rica Launched Site for the Accounting of its Natural Resources
(Costa Rica Star)
May 27, 2017
The Ministry of Environment of Costa Rica released a new website that provides information regarding the country’s natural resources.
Forum discusses Costa Rica's progress in Natural Capital Accounting (in Spanish)
(El País)
May 25, 2017
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.
Forum discusses Costa Rica's progress in natural capital accounting (in Spanish)
(La Republica)
May 25, 2017
A forum was held in San José to discuss increasing natural capital accounting in decision-making and in the development of sustainable policies for forests, water and energy.