Features and Blogs

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Kampala, November 20, 2020 — The Government of Uganda is moving towards its vision of resource-led industrialization by developing a set of natural capital accounts for the country. 

 

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The development of ocean accounts provides an unprecedented opportunity to showcase the value of the ocean and with it the prospect of long-term sustainability

 

WORLD OCEAN INITIATIVE

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The Africa Natural Capital Accounting Community of Practice was launched today at the ‘African Forum on Green Economy’ conference. 

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If you take care of the land, it will take care of you, says Tsefaye Kidane, a 40-year-old coffee farmer from a protected area in southwest Ethiopia that is also regarded as the birthplace of wild Arabica coffee.

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This video explains the concept of NCA. Using a standardised method to assess nature’s stocks and flows can help decision makers better understand how the environment impacts our economy - and vice versa.

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There several compelling reasons for asset owners to adopt sustainable investment, and for governments to support them in these endeavors. 

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The World Bank Group is supporting the development of the Framework through an initiative named “The Road to Kunming”. This complements the WBG’s rich operational engagement on biodiversity and ecosystems.

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On Friday, July 26, 2019, WAVES held an event to mark the completion of its first phase, including launching of several reports consisting of program findings and analysis.

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In Latin America and the Caribbean (LAC), we can’t do this without thinking about how to put natural capital to work for its people.

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