This report was originally published by Wealth Accounting and theValuation of Ecosystem Services (WAVES).
“The overall aim of the Forum is to share, explore and synthesize the experiences of countries that have been producing and using natural capital accounting (NCA) with the objective of providing guidance for countries on how to improve the use of accounting for policy development and better decision making.
The Forum is supported by a range of donors, including the Ministry of Foreign Affairs of the Netherlands (MFA), the Department for International Development (DFID) of the United Kingdom, and the European Commission.
Following every Forum, lessons and written contributions are compiled into a publication. The first publication features case studies from 12 countries and takes stock of NCA progress and how it engages decisionmakers and improves policy. The second publication is broken down into two parts – takeways and case studies – and focuses on the applications of NCA for contributing toward sustainable development.
The second forum brought together participants from 20 countries to exchange ideas about using NCA to achieve the Sustainable Development Goals (SDGs), particularly those relating to poverty, land, water, and green growth. There was also a special session on the application of NCA to the private sector, organized by the Natural Capital Coalition and the World Business Council on Sustainable Development.
The co-organizers were WAVES, MFA and the United Nations Statistics Division (UNSD). The organizing committee also included the German Corporation for International Cooperation (GIZ), the Environmental Assessment Agency (PBL) of the Netherlands, the Department for Environment, Food & Rural Affairs (DEFRA) of the United Kingdom, and the Natural Capital Coalition. MFA, DFID, and the European Commission provided invaluable support.
2nd Policy Forum publication: Applications for Sustainable Development
Part 1: Takeways
Part 2: Case Studies
Read on at: Wealth Accounting and theValuation of Ecosystem Services (WAVES).