What is Natural Capital Accounting?

Ecological and economic balance

Natural capital accounting is a tool that can help measure the full extent of a country’s natural assets and give perspective on the link between the economy, ecology and our environment.

Since the UN Statistical Commission adopted the System for Environmental and Economic Accounts (SEEA) as a statistical standard for all countries in 2012, we now have a common methodology to measure a country’s wealth as a combination of produced infrastructure, social and human natural resources which are also referred to as natural capital.

 

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