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Ecotourism helps the poor in Madagascar bolster incomes while conserving natural capital. Forests in national parks also play a role in holding and regulating water for agriculture.
Accounts: Mining, water, forests, and macroeconomic indicators.
Philippines hosted more than 100 participants from nine countries to learn and brainstorm on ecosystem accounting.
More than 100 delegates from nine countries gathered in the Philippines for the first WAVES (Wealth Accounting and the Valuation of Ecosystem Services) Knowledge Exchange Workshop on Ecosystem Accounting February 23-27, 2015. The participants at the five-day workshop (agenda and links to presentations) aimed to learn, brainstorm, collaborate and share best practices and experiences on ecosystem accounting.
Jessica Alvsilver, an environmental economist with the Swedish Environmental Protection Agency, spoke to WAVES about a new collaborative effort.
Following a mission from World Bank experts last month, Madagascar is starting to implement its work plan on natural capital accounting.
Ricardo Martinez-Lagunes, Inter-regional Adviser on Environmental Economic Accounts in the UN, demystifies water accounts and explains how countries are using them to inform policy decisions.
Measuring the value of forests and their related ecosystems through "forest accounts" is helping countries set their economic priorities.
The environmental benefits provided by forests are often undervalued or ignored in conventional national accounting, with the more tangible timber products perceived to be the biggest contributor to a country’s gross domestic product (GDP), according to experts.
