Over the last century, our species has increasingly dominated the earth, expanding, developing, growing … but also polluting and depleting our non-renewable resources, creating irreversible losses in biodiversity.
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.
Natural Capital Finance Alliance has showcased the world’s first step-by-step guide to help banks conduct a rapid natural capital risk assessment.