The NCAVES project, initiated in 2017 and funded by the European Union, aims to integrate ecosystem and biodiversity values into national and global accounting systems.
Through pilot implementations in Brazil, China, India, Mexico, and South Africa, NCAVES seeks to enhance how ecosystems and their services are measured and valued. This endeavour supports policy planning and implementation, contributing to sustainable development goals by promoting a better understanding of natural capital's economic significance. The project's global impacts include adopting the SEEA Ecosystem Accounting framework as a statistical standard, influencing worldwide biodiversity conservation and sustainability practices.
Salman Hussain
Coordinator for The Economics of Ecosystems and Biodiversity (TEEB), and acting Head of the Ecosystem Services Economics Unit
