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http://dotearth.blogs.nytimes.com/2010/10/28/world-bank-pushes-to-include-ecology-in-accounting/
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'''''World Bank Pushes to Include Ecology in Accounting'''''
'''''World Bank Pushes to Include Ecology in Accounting'''''


By Andrew C. Revkin
''By Andrew Revkin''


October 28, 2010 8:32 am October 28, 2010 8:32 am
''October 28, 2010''


This is certainly a novel, and hopeful, development. At the 10th conference of parties to the Convention on Biological Diversity, in Nagoya, Japan, Robert B. Zoellick, the president of the World Bank, called for the planet’s biological patrimony, its “natural capital,” to be included on nations’ books when they do their accounting. Here’s a highlight:
''This is certainly a novel, and hopeful, development. At the 10th conference of parties to the Convention on Biological Diversity, in Nagoya, Japan, Robert B. Zoellick, the president of the World Bank, called for the planet’s biological patrimony, its “natural capital,” to be included on nations’ books when they do their accounting. Here’s a highlight:''


''The natural wealth of nations should be a capital asset valued in combination with its financial capital, manufactured capital and human capital…. National accounts need to reflect the vital carbon storage services that forests provide and the coastal protection values that come from coral reefs and mangroves.''
''The natural wealth of nations should be a capital asset valued in combination with its financial capital, manufactured capital and human capital…. National accounts need to reflect the vital carbon storage services that forests provide and the coastal protection values that come from coral reefs and mangroves.''


* http://dotearth.blogs.nytimes.com/2010/10/28/world-bank-pushes-to-include-ecology-in-accounting/


[[Category:Agricultural Economics]]
* http://www.greenpolicy360.net/w/Why_Climate_Change_Matters-World_Bank_Program
[[Category:Civil Liberties]]


[[Category:Ecological Economics]]
[[Category:Economic Development]]


[[Category:Economics]]
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[[Category:Globalization]]
[[Category:Labor Issues]]

Latest revision as of 15:49, 1 May 2019

<addthis />

Featured.png


World Bank Pushes to Include Ecology in Accounting

By Andrew Revkin

October 28, 2010

This is certainly a novel, and hopeful, development. At the 10th conference of parties to the Convention on Biological Diversity, in Nagoya, Japan, Robert B. Zoellick, the president of the World Bank, called for the planet’s biological patrimony, its “natural capital,” to be included on nations’ books when they do their accounting. Here’s a highlight:

The natural wealth of nations should be a capital asset valued in combination with its financial capital, manufactured capital and human capital…. National accounts need to reflect the vital carbon storage services that forests provide and the coastal protection values that come from coral reefs and mangroves.


~

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