The review notes that the UK, one of the top performers, has an advanced approach to natural capital accounting.
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Frameworks for measuring and analyzing natural capital dramatically have matured; some companies even have begun incorporating natural capital into their strategy.
The UK Government must swiftly implement a legally-binding 25-Year Environment Plan to halt the decline of the country's natural capital, an independent advisory body has said.
In the contemporary world, we often forget our dependence on this natural environment.
Natural capital accounting broadens our standard measures of economic performance by taking stock of the very foundation of wealth- a nation’s environmental resources.
ICRAF hosted the first regional African Ecosystem Services Partnership (ESP) conference on 21-25 November 2016 in Nairobi, Kenya.
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.
To deliver sustained growth and wellbeing, we need to value natural capital, recognize the human hand in climate change and take preventive action against climate-related calamities.
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.