Many of the benefits of trees are wholly or partly unvalued in markets and associated GDP calculations.
From around the web
As our understanding of the value of accounting for natural capital grows, it’s time for finance professionals to seize the opportunity, says ACCA president.
Ghana is one of the many countries taking initiatives in relation to implementing NCA.
London's green belt should be preserved and treated as a key part of the country’s natural capital 'asset register', according to the chair of the Natural Capital Committee.
Natural capital accounting can add value in Rwanda’s national development planning process, said Minister for Natural Resources, Dr Vincent Biruta.
By using a natural capital accounting approach, Sheffield discovered that for every £1 spent on its parks, they generate £34 of benefits.
As part of its report, the E.U. recommended supporting the development of natural capital accounting systems.
The review notes that the UK, one of the top performers, has an advanced approach to natural capital accounting.
Frameworks for measuring and analyzing natural capital dramatically have matured; some companies even have begun incorporating natural capital into their strategy.
The UK Government must swiftly implement a legally-binding 25-Year Environment Plan to halt the decline of the country's natural capital, an independent advisory body has said.