Wednesday, April 24, 2013

Recognizing Economic Value of Natural Assets

http://www.worldbank.org/en/news/press-release/2013/04/18/call-to-action-on-recognizing-the-true-value-of-nature
More and more countries are putting natural assets like clean water, forests and other ecosystems into the center of their economic decision-making, a High-level Ministerial Dialogue on Natural Capital Accounting, on the eve of the World Bank-IMF Spring Meetings, heard today. 
Over 25 ministers and vice-ministers of finance, development and environment attended the Dialogue – which convened the `first-movers’ of Natural Capital Accounting (NCA). This is a group of more than 60 countries committed to supporting NCA to move beyond GDP as the main measure of an economy’s progress.