Natural Capital Accounting. Natural capital holdings will be listed on a firm s balance sheet as it is a type of asset. How natural capital accounting contributes to integrated policies for sustainabilityand associated reports united nations 2020 building forward.
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Natural capital is the inventory of natural resources held by or claimed by a company. This will result in better management of the union s natural capital. Investments in a resilient recovery agarwala et al 2020 the dasgupta review on the economics of biodiversity hm treasury 2020.
Natural capital accounting is a method of assessing natural ecosystems contributions to the economy in order to help governments better understand their economies reliance upon natural systems track changes in natural systems that may have implications for industries and manage natural resources and ecosystems to ensure their economic benefits are sustained into the future.
The united nations statistics division the united nations environment programme the secretariat of the convention on biological diversity and the european union have launched the project. Natural capital accounting nca is being used in dozens of countries globally and by the private sector to track changes in ecosystem services the value nature provides to society. Natural capital is the inventory of natural resources held by or claimed by a company. How natural capital accounting contributes to integrated policies for sustainabilityand associated reports united nations 2020 building forward.
