Environmental Accounting is vital to sustainable development.
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The World Bank Group employs teams of bankers and consultants to bring environmental accounting to developing nations in order to ensure that natural resources are accounted for in economic development. Environmental accounting means that science and statistics are applied to water supply, air quality, and commodity resources like diamonds or timber.
The plan also looks at how to invest money the countries make back into long-term strategies, such as educational institutions and manufacturing plants. World Bank Group has loaned billions of dollars to new environmental policy initiatives in dozens of countries.
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