Accordingly to the World Bank, Natural capital is a critical asset, especially for developing countries where it makes up a significant share (36%) of total wealth. The World Bank does not limit its action to scientific and technical papers elaboration, like the well-know “Where is the Wealth of the Nation” ?
An important international initiative is WAVES , the Wealth Accounting and the Valuation of Ecosystem Services, a World Bank-led global partnership that aims to promote sustainable development by ensuring that natural resources are mainstreamed in development planning and national economic accounts.
