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Glenn-Marie Lange, Program Leader WAVES Environment Department, The World Bank

Global Partnership for Wealth Accounting and Valuation of Ecosystem Services (WAVES): Natural Capital Accounting for Sustainable Development. Glenn-Marie Lange, Program Leader WAVES Environment Department, The World Bank. WAVES Global Partnership for Natural Capital Accounting.

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Glenn-Marie Lange, Program Leader WAVES Environment Department, The World Bank

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  1. Global Partnership for Wealth Accounting and Valuation of Ecosystem Services (WAVES):Natural Capital Accounting for Sustainable Development Glenn-Marie Lange, Program Leader WAVES Environment Department, The World Bank

  2. WAVES Global Partnership for Natural Capital Accounting • 5-year, $15 million Global Partnership—UNDP, UNEP, UNCEEA, partner countries, NGOs, academics, private sector, others to • Implement natural capital accounting in 6-10 countries: • Colombia, Costa Rica, Botswana, Madagascar, Philippines (India, Vietnam, Mexico, others.. • Australia, Norway, UK, Canada, France, Spain, Netherlands • Incorporate natural capital accounts in policy analysis and development planning • Scientific credibility —Policy & Technical Experts Committee to develop methodology for ecosystem accounting for the SEEA • Promote global adoption of natural capital accounting beyond the pilot countries

  3. Where are we now with WAVES? • Preparation phase, 2011-June 2012: • Global partnership established – 2nd Annual Partnership Meeting & Global Steering Committee April 2012 Communications strategy under development; website set up • Policy and Technical Experts Committee established to develop methodology for ecosystem accounting and organize training • Scoping out studies for natural capital accounting in 5 developing countries: Botswana, Costa Rica, Colombia, Madagascar, Philippines Implementation Phase: 2012-2016 Work plans approved and implementation beginning in Botswana and Madagascar, with other countries expected to follow soon But we have a new opportunity to make even more rapid progress….

  4. WAVES at Rio+20: the ’50/50’ Campaign for Natural Capital Accounting • President Zoellick called for a ’50/50’ Campaign at Spring meetings •  50 countries and 50 private sector groups endorse Natural Capital Accounting • Building on the Gaborone Communique on NCA from the African Sustainability Summit, hosted by Botswana May 24-25, signed by 10 African countries: • Call to countries to sign the Communique • Implement natural capital accounting where there are internationally agreed statistical standards –the SEEA • Develop methodology for the more difficult to measure natural capital – ecosystem services • Demonstrate how NCA can support decision-making for sustainable development

  5. Responding to the call for rapid implementation • Some of the issues we are struggling with now • How do we prioritize country requests? • How can we organize a coordinated response by all the agencies, countries supporting work? • Where can we find trainers? • multiple languages

  6. Implementatio www.wavespartnership.org/waves

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