Many of the benefits of trees are wholly or partly unvalued in markets and associated GDP calculations.
From around the web
Exploring the economic value of trees' social and environmental benefits
The growing value of accounting for natural capital
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.
Natural Capital Accounting: Key for Sustainable Natural Resource Management
Ghana is one of the many countries taking initiatives in relation to implementing NCA.
Green belt is key natural capital asset, says Helm
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 resources for sustainable development
Natural capital accounting can add value in Rwanda’s national development planning process, said Minister for Natural Resources, Dr Vincent Biruta.
Parks are a huge asset, and we need to value them for the 21st century
By using a natural capital accounting approach, Sheffield discovered that for every £1 spent on its parks, they generate £34 of benefits.
EU Commission details Malta’s environmental challenges and opportunities
As part of its report, the E.U. recommended supporting the development of natural capital accounting systems.
Full implementation of environment legislation could save EU €50bn
The review notes that the UK, one of the top performers, has an advanced approach to natural capital accounting.
The emergence of natural capital consciousness
Frameworks for measuring and analyzing natural capital dramatically have matured; some companies even have begun incorporating natural capital into their strategy.
Defra urged to make 'rapid progress' with release of environment plan
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.