Natural capital accounting
Renewable natural resources are being impacted by a range of pressures, such as biodiversity loss and climate change. A minimum level of natural resources is required to maintain the capacity of ecosystems to sustain human well-being at acceptable levels. If governments do not monitor effectively the use or degradation of natural resource systems in national account frameworks (‘environmental accounting’), the risks of incurring costs to future economic productivity are not taken into account, nor are impacts on human wellbeing.
Short title:
Natural capital
Start date:
End date:
Project leader:
Parliamentary Office of Science and Technology of the UK Parliament (POST)
United Kingdom of Great Britain & Northern Ireland