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Submission |
ID |
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67452 |
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Main Information |
Title |
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Strenghtening indicators and accounting systems for natural capital |
Description |
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TEEB Chapter 3: Strengthening indicators and accounting systems for natural capital Chapter 3 highlights the importance of measurement of ecosystems and biodiversity for the proper stewardship of our ‘natural capital’. 3.1 introduces the key issues, underlining the predominance of GDP and economic measurement in political decisions, and argues that this needs to be complemented by other measures. 3.2 looks at useful types of measurement – e.g. in the policy cycle, where they help develop and communicate an understanding of the relationship between drivers and effect – and then in more depth at the role of biodiversity indicators and tools for measuring ecosystem services. 3.3 shows how such indicators feed into mainstream economic aggregates: it focuses on macro and societal indicators and indices to ‘measure the true wealth of nations’, comparing traditional tools with available equivalent indicators that take nature into account. 3.4 presents indicators and aggregate measures as an integral component of accounts: it explains the current System of National Accounts and shows what can usefully be done to improve its ability to measure nature systematically in a national framework. 3.5 completes the picture by discussing ways to better measure the social dimension – by looking at ‘GDP of the Poor’. |
Web Link |
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/doc/case-studies/inc/cs-inc-teeb.chapter3-en.pdf |
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Additional Information |
Source |
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TEEB for Policy Makers Summary document |
Regions |
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Global |
Incentive Measures |
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Economic Valuation Environmental Accounting Negative Incentives (taxes, levies,...) |
Keywords |
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Ecosystems Natioonal Income Accounting |
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