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Abstract

Excess use of plastic in various sectorsput harms the economy of any country that so far hasn’t enjoyedsuch biodiversity. This is true in case of forests, wetlands, and other ecosystems. The destruction would result in the loss of economic assets. In order to protecting these economic assetspays off. That is the reason the World Bank has launched a new global partnership that get developing countries the tools they need to value the economic benefits of the biodiversity.The partnership brings a number of pilot countries placed together with the organisation havean experience in environmental or green accounting such as United Nations environmental programme together with World Bank. Collectively they will try different approaches to the valuation of the ecosystems. Once it has been tried in different countries, the partners willdevelopa set of tools that will help the Finance Minister to make informed judgements about the short term use and long term uses of the natural assets.

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