Wealth Accounting and Valuation of Ecosystem Services

Progetto concluso

Human wellbeing is highly dependent on ecosystems and biodiversity, yet these critical natural resources are being degraded at alarming rates. Part of the solution lies in better informed policy making, in both public and private sectors, which take into account the full value of the benefits from ecosystems. WAVES and the Natural Capital Accounting Program help developing countries to value their natural capital and ecosystem services and how to use this information for policy making in favour of a sustainable development.

Paese/Regione Tema Periodo Budget
Mondo
Climate-friendly growth
01.03.2013 - 31.12.2019
CHF 2'375'000
Contesto

The growing pressures on natural resources from economic development and population growth - on minerals, water, air, forests, biodiversity and ecosystems ? is becoming a priority issue for investment and trade globally. A broad consensus is emerging that until methodologies exist to systematically measure, report and, where possible, value natural resources, future decisions made by public and private entities will lead to inefficient resource use, with valuable environmental services being lost.

Obiettivi

IFC's Natural Capital Accounting Program aims at developing a harmonized framework for valuing natural capital ultimately contributing to better natural resource management and more investments into ecosystems of the private sector.

Effetti a medio termine

Part A

- A harmonized approach for valuing natural capital is agreed upon and piloted at the sector and enterprise level, enabling the business and investor community in key sectors to measure and manage related risks and opportunities (i.e., a new "Natural Capital Protocol" which will lay the foundation of a future standard for natural capital accounting)

- Increased number of companies and organizations involved in natural capital valuation or accounting

- Methods and guidance for natural capital valuation to comprise SMEs in emerging markets

Part B

- One global company implemented natural capital valuation and serves as lighthouse for the industry

- Two suppliers and value chain participants from emerging markets applied natural capital valuation and tested the global guidance at a local and small level

Risultati

Risultati principali attesi:  

Part A

- Natural Capital Protocol developed, peer reviewed and published

- Two sector guides tested and disseminated to companies in the value chains

Part B

Two industry implementation projects completed and serving as living example of use an applicability of the Natural Capital Protocol and companion Industry Guides


Direzione/Ufficio responsabile SECO
Credito Cooperazione allo sviluppo
Partner del progetto Partner contrattuale
  • Società finanziaria internazionale


Budget Fase in corso Budget Svizzera CHF   2'375'000 Budget svizzero attualmente già speso CHF   0 Budget inclusi partner del progetto CHF   4'000'000
Fasi del progetto

Fase 2 01.03.2013 - 31.12.2019   (Completed)

Fase 1 01.03.2013 - 31.12.2019   (Completed)