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A systematic approach to measuring the contribution of natural capital to a country’s development is critical to shifting investment towards sustainable growth, and to help address biodiversity loss and climate change crises
As countries strive to achieve SDGs, the notion of sustainability has taken center stage. Pillar 1 of GPS improves global measurements of natural capital and ecosystem services.
GPS builds countries' capacity to produce and use natural capital accounting for policy and planning decisions. The program is working with 18 countries to measure and value natural resources.
The Global Program on Sustainability (GPS) promotes the use of high-quality data and analysis on natural capital, ecosystem services, and sustainability to better inform decisions made by governments, the private sector, and financial institutions.
GPS encompasses the Wealth Accounting and the Valuation of Ecosystem Services
(WAVES) global partnership. Since 2013, WAVES has been supporting some 20 countries worldwide in the development and the use of natural capital accounts in policy-making.