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Why Conservation + Economics = Basic, Good Economics
Latest News

An interview with environmental economist Steve Polasky, commemorating 10 years of work on the Natural Capital Project.

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Why Conservation + Economics = Basic, Good Economics
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China
economics
environment
natural capital stories
Rwanda

Global Program on Sustainability

GPS

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

Resources

Improvements in ecosystem services from investments in natural capital

Article , June 2016

Accounting for Natural Capital Costs Associated with Chinese Financial Institutions - Banking Sector Case Study

Technical Report , April 2016

Ecosystem Service Valuation Assessments for Protected Area Management: A Case Study Comparing Methods Using Different Land Cover Classification and Valuation Approaches

Publication , June 2015

Related News and Features

Latest News

China, EU deepen ties on environmental policies and natural capital accounting

The Delegation of the European Union and Chinese authorities launched a new project...

Top risks are environmental, but ignore economics and they'll be harder to fix

(World Economic Forum)
January 15, 2020

Climate-related risks overshadow all other risks – in particular economic risks – undermining cohesive action and creating blind spots. Society needs a new “growth paradigm” that addresses the interconnectedness of socio-economic factors with climate change. Businesses need to adapt their metrics to assess the value of nature.

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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