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Natural Capital Accounting: Going beyond the numbers

Stig Johansson's picture
Guatemala. World Bank

Here are some facts that you might not know: Do these numbers just seem like bits of trivia? In fact, these are all important results that came out of natural capital accounting (NCA) – a system for generating data on natural resources, such as forests, energy and water, which are not included in traditional statistics. NCA follows standards approved by the United Nations to ensure trust, consistency and comparison across time and countries.
 
The results above are among the numerous NCA findings that are being generated every year, with support from a World Bank-led global partnership called Wealth Accounting and the Valuation of Ecosystem Services (WAVES). In response to the growing appetite for information on NCA, WAVES has set up a new Knowledge Center bringing together resources on this topic.

Covering more ground: 18 countries and the work to conserve forests

Ellysar Baroudy's picture
Participants at the 13th FCPF Carbon Fund meeting in Brussels, Belgium
Credits: FCPF Carbon Fund


With all eyes on Paris climate meetings in December, we are at a critical moment to show that our efforts to reduce emissions from deforestation and forest degradation are moving from concept to reality.

The World Bank's Forest Carbon Partnership Facility, a 47-country collaboration, focuses on reducing emissions from deforestation and degradation, also known as REDD+; the Carbon Fund supports countries that have made progress on REDD+ readiness through performance-based payments for emission reductions.

Making forest commitments a reality

Ellysar Baroudy's picture
​Farmers in Zambia's Luangwa Valley discuss sustainable agriculture


​New York this week plays host to Climate Week 2015, where business and government leaders are convening to make pledges and commit to actions to demonstrate that development does not have to come at the expense of the environment. 

One year ago this event was a forum for the New York Declaration on Forests, a public-private compact to end natural forest loss by 2030. 
Now one year on, the World Bank Group remains an active partner working with countries and companies to help turn forestry commitments into actions on the ground. 

Crowding in Technical and Financial Resources in Support of Forest Landscapes

Paula Caballero's picture
Mexico butterflies by Curt Carnemark / World Bank ​As financing for development talks wrapped up last week in Addis, many conversations revolved around the “how much” as well as on the “how” of achieving universal sustainable and inclusive development in the post 2015 context. Work in the natural resources arena has valuable lessons to offer. 

There is a growing consensus that a new approach is needed to meet the financial needs of developing countries to ensure sustainable, inclusive and resilient growth paths. We all know that Official Development Assistance (ODA) finance is limited and cannot address the massive investment needs of countries. In addition to increased domestic resource mobilization, the more effective engagement of a variety of players, especially from private sector, NGOs, and philanthropic organizations, will be key to close the finance gap. 

Burundi reinforces conservation for resilience amid political tensions

Paola Agostini's picture
Photo by IRRI via Creative CommonsFor those keeping abreast of Burundi’s state of affairs, it could be easy to forget that the country is much more inviting than what we have seen lately in the media. Despite the ongoing crisis, Burundians have kept an uphill battle to reinforce the conservation and management of the nation’s forest areas

Connecting the dots in 2015 for sustainable development

Paula Caballero's picture
View from the River Congo between Kinshasa and Lukolela, DR Congo. Photo by Ollivier Girard for CIFOR via Creative CommonsWhat will 2015 stand for? Only half-way through the year, it may be risky to make predictions. But 2015, a year in which the international community is supposed to forge new deals for climate action and sustainable development, should be a year rich in connections. A year in which the health of the planet is finally understood to be of central concern to the future of people. A year in which the management of natural resources – from fish stocks and fresh water, to fertile soil, forest habitats and the carbon in the atmosphere - is understood to have significant national, international and inter-generational consequences.

Awareness is certainly progressing. From the streets of Sao Paulo, Brazil - a country that hosts nothing less than the mighty Amazon River, to the farmlands of California, people are coming to the realization that resources such as water are not limitless. More and more businesses are looking at the security of their supply chains and the footprint of their operations with zeal fueled by self-interest. And countries seem poised to adopt Sustainable Development Goals that signal an understanding that economic, social and environmental issues are inherently interdependent.

Climate change, water shortages and other environmental crises are bringing home the message loud and clear: we need to connect the dots between human actions across the landscape and seascape, or the earth will cease to care for us. It will cease to grow food, to store water, to host fish and pollinators, to provide energy, medicine and timber. Changing temperatures will stress systems already overwhelmed by unsustainable patterns of production and consumption, while a growing middle class will further strain planetary boundaries.

How can we help economies develop better, for lasting poverty reduction and prosperity, within the limits of natural resources? How can we make more rational use of natural and financial resources to maximize social and economic benefits and reduce carbon emissions while increasing our resilience to climate extremes?

International Day for Biological Diversity: The Water Value of Forests

Melanie Argimon Pistre's picture
To increase awareness and understanding about the many ways forests contribute to improving food security and nutrition, especially in developing countries, the FAO hosted an International Conference on Forests for Food Security and Nutrition (May 13-15) in collaboration with the World Bank and with

Carbon for (clean) water in Western Kenya

Carmen Elsa Lopez Abramson's picture

Available in: Español 

An hour down a dirt road stands the most beautiful natural treasure in Kenya’s Western Province—the Kakamega Forest. The forest is a fraction of its former size, and it grows smaller every day because of the insatiable demand for firewood.

Yet-to-be-released online mapping tool could make monitoring deforestation easy as Google

James I Davison's picture

We’ve written before about a climate-related effort in developing countries known as REDD – or Reducing Emissions through Deforestation and Degradation. So one of the outcomes during last month’s U.N. climate conference that I found particularly interesting was an announcement from Google.org. During the conference in Copenhagen, the search giant's philanthropic arm introduced the prototype for an online application that will allow monitoring of forests around the planet.

Apparently, some believed that the overall topic of REDD may have been one of the few bright spots during the two-week conference. To me, it seems like this forthcoming online monitoring tool is no exception – particularly because Google products are often innovative, easy to use and reliable.

The announcement generated quite bit of media buzz, and Google.org’s press release has a nice explanation of why the online application, likely available to the public some time this year, might be so significant:

Traditional forest monitoring is complex and expensive, requiring access to large amounts of satellite data, lots of hard drives to hold the data, lots of computers to process the data, and lots of time while you wait for various computations to finish. … Google supplies data, storage, and computing muscle. As a result, you can visualize forest change in fractions of a second over the web, instead of the minutes or hours that traditional offline systems require for such analysis.

 


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