WAVES Annual Report 2015
WAVES is a global partnership that aims to mainstream natural capital in development planning and national economic accounts in support of sustainable development. WAVES core implementing countries include developing countries—Botswana, Colombia, Costa Rica, Guatemala, Indonesia, Madagascar, the Philippines and Rwanda—all working to establish natural capital accounts. WAVES also partners with UN agencies—UNEP, UNDP, and the UN Statistical Commission—that are helping to implement natural capital accounting. WAVES is funded by a multi-donor trust fund and is overseen by a steering committee. In 2015, WAVES focused on consolidating work in the eight core implementing countries.