The global climate crisis is one of the most pressing challenges of our time, exacerbating existing social and environmental issues. Regulating ecosystem services, and climate regulation in particular...
The absence of hydroelectric assets (along with solar, wind, and other renewable energy assets) from the Changing Wealth of Nations (CWON) natural capital accounts in the past was a concern. Since fossil...
Gross domestic product (GDP) is widely recognized as an insufficient measure of economic progress and national success. Since GDP is nearly universally available and comparable across countries, it is...
In this study, we applied a methodological approach to assess the value of shoreline protection services provided by mangroves. Our approach involved using global flood risk models to simulate the impact of...
In this report, we update and extend the methodology developed for the previous CWON 2021 report to assess the economic value of non-wood ecosystem services from forests (Siikamäki et al. 2021). Like the...
Aquaculture has not yet been included in the renewable natural capital accounts of the World Bank’s The Changing Wealth of Nations (CWON). This study explored the feasibility of including the wealth generated...
The objective of this report is to assess the feasibility of valuing water as a natural capital asset in at least 150 countries for possible inclusion in CWON. Water represents a portfolio of assets, including...
The objective of this report is to provide estimates of global carbon storage in mangrove ecosystems by developing a dataset of mangrove biomass and soil carbon stocks at a country level across six years between...
How can we track the sustainability of economic progress and measure the changing wealth of nations? Until now, gross domestic product (GDP) has been the headline indicator for tracking economic progress...
Gross domestic product (GDP) is widely recognized as an insufficient measure of economic progress and national success. Since GDP is nearly universally available and comparable across countries, it is...
The environment has long been the foundation of human flourishing, but its continued degradation is threatening to reverse recent development gains, especially in human health. This paper analyzes the...
Climate change will impose large and differentiated tolls across countries. This paper suggests that economic fragility and resilience against climate change-driven natural shocks are shaped by: (i) the...