This report presents the model created in response to the recommendation by a report, documented in Crossman et al. (2018), to develope a new integrated modelling approach linking two existing models, namely the Integrated Valuation of Ecosystem Services and Tradeoffs (InVEST) model from the Natural Capital Project, and the Global Trade Analysis Project (GTAP) Computable General Equilibrium (CGE) model from Purdue University.
With the first generation of ecosystem accounts now published in 24 countries, and with a push to finalize a United Nations (UN) statistical standard for ecosystem accounting by 2021, this article highlight key advances, challenges, and opportunities.
This brief highlights the importance of generating reliable data that will help policy makers advocate for reform, simplify governance and provide practical support to the woodfuel industry players in Uganda.
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.