WAVES has helpsed Indonesia implement a system that calculates the physical and monetary values of natural resources using an accounting system, or often referred to as Natural Capital Accounting, or NCA. Through NCA, natural resources can be mainstreamed into development policy and planning. This video captures the impact that accounting has had on policy-making in Indonesia.
Government of Zambia says it is vital to account for natural resources in calculation of the Gross Domestic Product (GDP) and the wider national development.
Integrated framework is tested in Guatemala showing the critical relationship between the environment and the economy for more robust policy analysis.
A blog on how the application of the Integrated Economic-Environmental Modelling (IEEM) platform is being used to analyze Guatemala’s fuelwood sector by simulating a 25% increase in the efficiency of household fuelwood use.