African NCA Community of Practice Webinar: Ocean Accounting - Novel Approaches to Ocean Governance

Organisation :
Wealth Accounting and the Valuation of Ecosystem Services (WAVES)
Photo of sea by Jeremy Bishop on Unsplash

On 30 July 2020 at 13:00 (CEST), the African NCA Community of Practice will be hosting a webinar on 'Ocean Accounting - Novel Approaches to Ocean Governance'.

In Africa, 38 countries have a coastline and many economies depend heavily on marine resources. The true value of ocean ecosystems, however, are often not adequately measured.

To address this issue, oceans accounts – a structured compilation of maps, statistics, and indicators, aligned with the UN System of Environmental Economic Accounts – are being developed by a growing number of countries. Ocean accounts provide a framework for ocean data integration by organising relevant data (from the environmental, social and economic domains) into structures that are similar to national accounts maintained by National Statistical Offices or Finance Ministries. They provide the means to account for growth, sustainability and inclusivity of ocean economies in line with the UN 2030 Sustainable Development Goals. At the global level, momentum on developing a shared technical framework for ocean accounting is supported by the Global Ocean Accounts Partnership.

The webinar will provide an introduction to oceans accounts and the potential opportunities in the increasing advancement of African ocean economies. It will also serve to introduce the Oceans Accounting Working Group, which will run under the Africa Natural Capital Accounting Community of Practice from August to December 2020. This webinar is part of a series under the Africa Natural Capital Accounting Community of Practice.

Speakers: 

  • Dr. Ben Milligan, Executive Secretary, Global Oceans Accounts Partnership
  • Prof. Ken Findlay, CPUT Research Chair, Cape Peninsula University of Technology’s Centre for Sustainable Oceans
  • Glenn-Marie Lange, Senior Environmental Economist, World Bank
  • Chair: Peter Kristensen, Lead Environmental Specialist and Team Leader for West Africa Coastal Areas Program (WACA), World Bank
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