In this event, co-organized by the World Bank, Government of UK, and Natural Capital Declaration, over 50 countries and 86 private sector organizations declared their support for factoring natural capital valuation into their decision-making. Here is a sampling of the media coverage for this event.
The Phil-WAVES mission in the Philippines this February demonstrated the successful convergence of theory and practice of natural capital accounting. The two-week mission was comprised of training on the System of Environmental Economic Accounting (SEEA 2012) central framework conducted by the Australian Bureau of Statistics (ABS) and scoping visits to the two ecosystem pilot sites, Laguna Lake Basin and Southern Palawan February 12 and February 17-20, 2014 respectively.
On February 20, top scientists urged governments to replace GDP as a measure of wealth, end damaging subsidies, and transform systems of governance to set humanity on a new path to a better future -- or risk climate, biodiversity and poverty crises that will spawn greater problems worldwide.
The WAVES program in Madagascar has been endorsed by the Cabinet, representing a strong demonstration of the government’s commitment to the program.
The Madagascar WAVES Technical Working Group is overseeing the scoping-out studies as well as the two technical case studies that are underway: one on the CAZ (Ankeniheny-Zahamena Corridor) protected area and one on the country’s fisheries sector. All findings will be presented at the national workshop to be held in December and a detailed work plan will be completed by the end of 2011.