Value of Victoria's Parks Unlocked by Ecosystem Accounts
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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.
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.