Wealth Accounting and the Valuation of Ecosystem Services (WAVES) is a World Bank-facilitated global partnership that aimed to promote sustainable development by mainstreaming Natural Capital Accounting (NCA) in countries’ development planning and national accounting systems. One of the main goals of the Wealth Accounting and the Valuation of Ecosystem Services (WAVES) partnership was to implement natural capital accounting in countries around the world. Forest accounts are especially important in many of these countries as efforts to reverse deforestation trends, maintain vital watersheds, and enhance ecotourism benefit flows are focal points for future development. However, there was little guidance in the way of forest accounts. To meet the growing demand, WAVES updated the Manual for Environmental and Economic Accounts for Forestry, published by FAO in 2004. The update reflects the multiple advances made in the decade since the original by: (i) incorporating new case studies and country examples of how forest accounts have informed policy decisions, (ii) harmonizing the manual fully with the System of Environmental-Economic Accounting SEEA 2012 standard methodology, (iii) exploring the advances of data collection techniques, and (iv) developing new training materials and guidance of how to compile accounts

 

Forest Accounting Sourcebook

 

Annual Report 2013

 

Annual Report 2014

 

Annual Report 2015

 

 

Annual Report 2016

 

Annual Report 2018

 

 

More information at the project website: http://www.wavespartnership.org/ (last visited 25.7.2018)

 

Project management
Contact
inazio.martinez @ efi.int
Name
01.12.2013 - 30.04.2014
Project Schedule
Start Date
End Date
Project Status
EFI Research Programme / Facility