1 / 25

The WAVES Partnership: processes and emerging results

The WAVES Partnership: processes and emerging results. Transformative Initiatives in Biodiversity Mainstreaming and Financing Rio Conventions Pavilion Event 16 October 2014 Valerie Hickey Environment and Natural Resources Global Practice, The World Bank. Outline of the presentation.

jlachance
Download Presentation

The WAVES Partnership: processes and emerging results

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The WAVES Partnership: processes and emerging results Transformative Initiatives in Biodiversity Mainstreaming and Financing Rio Conventions Pavilion Event 16 October 2014 Valerie Hickey Environment and Natural Resources Global Practice, The World Bank

  2. Outline of the presentation Background on Natural Capital Accounting (NCA) Where has NCA been most useful? What is the role of WAVES? WAVES progress and some lessons

  3. 1. Background on NCA “What we measure affects what we do; and if our measurements are flawed, decisions may be distorted.” Stiglitz, Sen and Fitoussi (2009)

  4. GDP does not measure…

  5. Towards better measures of wealth We don’t judge a company solely on the basis of its income statement, we look at both income and balance sheet. • Increasing assets (wealth) support long-term growth. • In the short term, income can appear to grow by liquidating assets, but this undermines long-term growth. Economic development is a process of building wealth and managing a portfolio of assets

  6. Why is natural capital important? Shares of comprehensive wealth, by income class, 2005 • Natural capital is most important in low income countries—more than twice as large as produced capital • In middle income countries natural capital and produced capital are roughly equal • Intangible wealth dominates in all countries, especially in high income countries

  7. What is the methodology for NCA?

  8. 2. Where has NCA been most useful? Indicators: for monitoring sustainable development Water accounting: managing a scarce resource Energy and air pollution: cleaner, more efficient production Stocks of minerals & energy: managing resource rents for long term growth Land and ecosystems: balancing the needs of tourism, agriculture and other uses

  9. What are the main uses of NCA? Scorekeeping Management

  10. Indicators of sustainability: A negative result

  11. Contribution of marine ecosystem services to the economy of Zanzibar(thousand US$)

  12. 3. What is the role of WAVES? WAVES is a global partnership that aims to mainstream Natural Capital in development planning and national economic accounts in support of sustainable development.

  13. WAVES aims to… Help countries adopt and implement accounts that are relevant for policies and compile a body of experience; Develop ecosystem accounting methodologies; Establish a global platform for training and knowledge sharing; and Build international consensus around natural capital accounting.

  14. The number of countries are growing

  15. First resultsWhat causes forest depletion in Guatemala?

  16. First resultsBotswana: Are scarce water resources allocated efficiently?

  17. Ecosystem accounts in WAVES core implementing countries • Botswana • Ecosystem accounts to inform the National Development Planning • Support the implementation of ecosystem management plans for areas like Okawangu, Chobe and Makgadikgadi • Discussing to include ecosystem services like livestock grazing, tourism, wildlife habitat and carbon sequestration • Colombia • Land and forest accounts for selected watersheds • Potentially ecosystem accounts for the Magdalena river basin • The Philippines • Ecosystem accounts for Southern Palawan to inform policy on competing land uses- Ecosystem services included are e.g. water regulation, crop production, soil erosion prevention, wildlife habitat • Ecosystem and water accounts for Laguna lake to inform land use planning and water pricing – soil erosion prevention, reduced sedimentation, water provisioning, flood regulation

  18. Ecosystem accounts informing land use management in the Philippines • National Mineral Accounts: What is the mineral wealth of the Philippines & how could it be shared equitably & sustainably? • Ecosystem account in mineral & biodiversity rich land: What are the social, economic & environmental trade-offs of different resource use scenarios & what are the implications for sustainable management?

  19. Context of Ecosystem Accounts Drivers of Ecosystem Change in Southern Palawan Global demand for minerals High demand for cash crops Population growth

  20. Accounts Land Water Ecosystem Biodiversity

  21. Biodiversity Account Palawan Fruit Bat Acerodon leucotis Crab-Eating Macaque Macaca fasicularis Pollination & Dispersal

  22. Global engagement Post-2015 Development Agenda Working with partners Communities of Practice Regional trainings and technical meetings Working with the private sector

  23. Progress on developing methodologies Field testing ecosystem accounting Compiling policy applications Training and capacity development in forest ecosystem accounting

  24. Communicating NCA

More Related