Moving Beyond GDP: How to Factor Natural Capital into Economic Decision Making
This report illustrates how natural capital accounting can be a powerful tool for policy makers grappling with trade-offs in a growing economy. While work is progressing on a methodology for ecosystem valuation, there is an internationally approved method to value some elements of natural capital, like forests, minerals, and water. Some countries are already measuring natural capital or compiling accounts to answer key policy questions.
Date:
2012
Publisher:
World Bank Group
Details:
Publication, 23pages
Language:
English
Topic:
Natural Capital Accounting - General