The ability of developing countries to build their natural capital account capacities is being improved significantly through the Wealth Accounting and Ecosystem Partnership Services (WAVES), by encouraging the development of relevant measurement frameworks. WAVES is global partnership that was inaugurated in October 2010 by World Bank President Robert Zoellick at the Convention on Biological Diversity COP-10 meeting in Japan. It aims to promote sustainable development by encouraging the inclusion of natural capital measurements in national accounts. Several projects have been initiated in developing countries such as Botswana, Colombia and Madagascar with a view to improving their capacity to implement the SEEA, in collaboration with UNEP, the UNDP, the United Nations Statistical Commission, and the financial support of NGOs and the governments of Australia, Canada, France, Japan, Norway and the United States.