Natural Capital Accounting : Informing Policy Decisions and Management of Uganda’s Natural Resources
The Government of Uganda has been working to establish a new system of NCA. NCA is a standardized approach to measuring and valuing natural resources. It overcomes the limitations of traditional economic measurements, such as gross domestic product...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/853111605537105904/Natural-Capital-Accounting-Informing-Policy-Decisions-and-Management-of-Uganda-s-Natural-Resources http://hdl.handle.net/10986/34811 |
| Summary: | The Government of Uganda has been
working to establish a new system of NCA. NCA is a
standardized approach to measuring and valuing natural
resources. It overcomes the limitations of traditional
economic measurements, such as gross domestic product (GDP),
that look primarily at income and not at wealth. It provides
physical and monetary information about natural capital
wealth as well as income and other benefit flows. As
such,NCA is already helping to inform key policies and plans
in Uganda. The development of NCA in Uganda has been
supported by various development partners, notably the World
Bank’s global program, WAVES. This paper offers an
independent synthesis of Uganda’s work with WAVES from 2018
to 2020. It is based on program documentation and a review
of the accounts themselves, supplemented by interviews of
key Ugandan officials involved in the process. |
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