This report examines four approaches that have been adopted at the country or regional level: Circular Economy in the European Union (EU) and Germany, Natural Capital Accounting in Botswana, Payment for Ecosystem Services in Costa Rica, and Gross National Happiness in Bhutan. The purpose is to show that there is no “one size fits all” approach to sustainable development, but rather a range of concepts, methodologies, and tools that can be used, depending on the specific context.
Publication (40p) ,
Author(s): United Nations Envir ,
As a WAVES core implementing country, Botswana describes the country's pressing policy priorities; the accounts it chose to do; its workplan over four years; how it plans to mainstream these accounts; progress made; and next steps.
Country Report (26p) ,
Author(s): WAVES Partnership ,
The decision to include the construction of mineral accounts in the WAVES project reflects the importance of the mining sector and the need to ensure that appropriate decisions aretaken regarding the investment of mineral revenues to provide for future economic growth.
Country work on natural capital accounting and their policy applications are reported in a publication series, WAVES Technical Reports. This is a compilation of main findings on Water Accounts in Botswana from 1993-2012.
Technical Report (78p) ,
Author(s): Centre for Applied R ,
Wealth Accounting and the Valuation of Ecosystem Services (WAVES) is a World Bank-led global partnership that aims to promote sustainable development by ensuring that natural resources are mainstreamed in development planning and national economic accounts.