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Value of Victoria's Parks Unlocked by Ecosystem Accounts
Feature

A new report from Australia shows Victoria’s Parks and their ecosystem services include AU$1.4 billion per year from tourism and $83 million from water filtration services.

Source: 
Value of Victoria's Parks Unlocked by Ecosystem Accounts
Tags: 
Australia
economics
ecosystems

Global Program on Sustainability

GPS

WAVES is now part of the broader World Bank umbrella initiative, the Global Program for Sustainability (GPS).

Resources

Accounting and valuing the ecosystem services related to water supply in the Central Highlands of Victoria, Australia

Publication , September 2019

Australian Environmental-Economic Accounts, 2018

Publication , June 2018

Environmental Economic Accounting: A common national approach strategy and action plan

Publication , April 2018

Australian Capital Territory (ACT) State of the Environment Report 2015

Technical Report , January 2015

Ecosystem accounts define explicit and spatial trade-offs for managing natural resources

Technical Report , September 2017

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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.

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