On 28 May 2020 at 14:00 (CEST), the Africa Natural Capital Accounting Community of Practice will be hosting a webinar on 'Linking natural capital accounting to policy in Africa'.
Africa’s natural resources – including forests, water, fish stocks, biodiversity, minerals, and land – play a crucial role in the continent’s economies. According to The Changing Wealth of Nation 2018, natural capital accounts for between 30-50 percent of the total wealth of countries across Africa. And yet, in several of these countries, natural capital is being depleted leading to an overall decrease in wealth and a failure to improve standards of living among the poor. Measuring and valuing the contribution of natural capital and ecosystem services to a country's development puts countries in a better position to seize growth opportunities and understand the repercussions/trade-offs of policy and investment choices.
- Provide an update on the latest policy linkages between NCA and regional policy initiatives in Africa in the context of upcoming regional and global environmental milestones;
- Reflect on important next steps that the NCA community in Africa can take to increase policy uptake and mainstream natural capital into decision-making; and
- Conclude with key actions that the NCA Community of Practice in Africa can take, or work towards to support the regional and continental environmental policy agenda.