Natural Capital Accounting. Accounting for such goods may occur in physical or monetary terms. Natural capital is the inventory of natural resources held by or claimed by a company.
A related initiative to natural capital accounting is the natural capital protocol launched. 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. This process can subsequently inform government corporate and consumer decision making as each relates to the use or consumption of natural resources and land and sustainable.
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.
Accounting for such goods may occur in physical or monetary terms. This process can subsequently inform government corporate and consumer decision making as each relates to the use or consumption of natural resources and land and sustainable. This will result in better management of the union s natural capital. 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.
