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Wealth Accounting and the Valuation of Ecosystem Services

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Valuing Natural Capital Essential to Business Survival
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Speaking at the Responsible Business Forum on Sustainable Development in Singapore, representatives from the environment and accountancy sectors told 450 delegates that understanding the value of natural capital - ecosystems which provide valuable goods and services - was necessary for companies to understand the risks associated with depleting it and the opportunities to be gained by conserving it.

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Valuing Natural Capital Essential to Business Survival
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Global Program on Sustainability

GPS

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

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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