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Article
Ecosystem accounts define explicit and spatial trade-offs for managing natural resources
Decisions about natural resource management are frequently complex and vexed, often leading to public policy compromises. Discord between environmental and economic metrics creates problems in assessing trade-...
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Article
Putting biodiversity into the national accounts: Creating a new paradigm for economic decisions
Economics has long taken precedence over the environment in both governmental and business decision making, with the System of National Accounts and the indicator GDP coming to represent much that is wrong with t...
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Article
Natural capital accounting for better policy
A growing number of countries is setting up natural capital accounts (NCA) based on the system of environmental-economic accounting (SEEA); however, actually using them for better policy making turns out to be...
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Article
Measuring net-positive outcomes for nature using accounting
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Open AccessEcosystem accounting and the need to recognise Indigenous perspectives
Ecosystem accounting has been advocated as a potential ‘game changer’ for managing the environment and economy and was recently standardised by the United Nations (UN) in the System of Environmental-Economic A...
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Article
Open AccessAn Indigenous perspective on ecosystem accounting: Challenges and opportunities revealed by an Australian case study
The System of Environmental-Economic Accounting Ecosystem Accounting (SEEA-EA) is widely promoted in environmental and economic policy and management. Unfortunately, the SEEA-EA has not substantively addressed...
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Open AccessFrom COVID-19 to Green Recovery with natural capital accounting
The COVID-19 pandemic and related social and economic emergencies induced massive public spending and increased global debt. Economic recovery is now an opportunity to rebuild natural capital alongside financi...
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Article
Open AccessBalancing the books of nature by accounting for ecosystem condition following ecological restoration
Demand for ecological restoration of Earth’s degraded ecosystems has increased significantly since the adoption of The Kunming-Montreal Global Biodiversity Framework in December 2022, with target 2 aiming to e...