Condition accounts to inform land management activities The Tasmanian Land Conservancy (TLC) is a not-for-profit, a-political, science and community based organisation that partners with others and uses business principles to protect over 60,000 hectares of Tasmania’s private land. This includes a network of 17 permanently protected conservation reserves which TLC owns and manages. In 2015 TLC adopted the Wentworth Group’s ‘Accounting for Nature’ methodology as a way of recording, presenting and interpreting its monitoring data in a consistent way. Using this model, it has developed condition accounts for its largest reserve (~ 11,100ha) and it now has Econds for key assets to show relative change over time. This information can now be visually presented and interpreted in a more meaningful way for scientists and supporters alike. Environmental accounting allows for comparing condition across reserves using a valid reference point. This information enables land managers like TLC to track the effectiveness of their management actions and to identify and prioritise which locations or assets need more attention. TLC will be adopting this methodology for monitoring data collected from other private protected lands in Tasmania as it can be up-scaled to provide regional environmental accounts for consistent and comparable reporting frameworks. <> The tables below summarise some of the applications of environmental-economic accounting in Australia. Table 1: Examples of environmental-economic accounting using the SEEA. Account Agency Account Subject Scale Measurement Frequency units Water Account ABS Water supply and National, Megalitres, Annual use within the state/territory dollars economy Land Account ABS Land use, land Regional, Area (ha), Experimental cover & value state dollars Energy Account ABS Energy supply and National Petajoules, Annual use within the dollars economy Experimental ABS Ecosystem, Regional Area, dollars Experimental Ecosystem ecosystem goods Accounts for the and services Great Barrier Reef Region Victorian DELWP Ecosystem extent State, Combined Experimental Experimental and services regional spatial and Ecosystem indicator temporal (e.g. Accounts ha/year) Valuing DELWP and Ecosystem extent, State, Area, dollars Experimental Victoria’s Parks Parks Victoria condition and regional services Marine and DELWP Ecosystem extent, State, Area, tonnes, Experimental Coastal condition and regional quality index, Ecosystem services dollars Accounting: Port Phillip Bay
Condition accounts to inform land management activities The Tasmanian Land Conservancy (TLC) is a not-for-profit, a-political, science and community based organisation that partners with others and uses business principles to protect over 60,000 hectares of Tasmania’s private land. This includes a network of 17 permanently protected conservation reserves which TLC owns and manages. In 2015 TLC adopted the Wentworth Group’s ‘Accounting for Nature’ methodology as a way of recording, presenting and interpreting its monitoring data in a consistent way. Using this model, it has developed condition accounts for its largest reserve (~ 11,100ha) and it now has Econds for key assets to show relative change over time. This information can now be visually presented and interpreted in a more meaningful way for scientists and supporters alike. Environmental accounting allows for comparing condition across reserves using a valid reference point. This information enables land managers like TLC to track the effectiveness of their management actions and to identify and prioritise which locations or assets need more attention. TLC will be adopting this methodology for monitoring data collected from other private protected lands in Tasmania as it can be up-scaled to provide regional environmental accounts for consistent and comparable reporting frameworks. <> The tables below summarise some of the applications of environmental-economic accounting in Australia. Table 1: Examples of environmental-economic accounting using the SEEA. Account Agency Account Subject Scale Measurement units Frequency Water Account ABS Water supply and use within the economy National, state/territory Megalitres, dollars Annual Land Account ABS Land use, land cover & value Regional, state Area (ha), dollars Experimental Energy Account ABS Energy supply and use within the economy National Petajoules, dollars Annual Experimental Ecosystem Accounts for the Great Barrier Reef Region ABS Ecosystem, ecosystem goods and services Regional Area, dollars Experimental Victorian Experimental Ecosystem Accounts DELWP Ecosystem extent and services indicator State, regional Combined spatial and temporal (e.g. ha/year) Experimental Valuing Victoria’s Parks DELWP and Parks Victoria Ecosystem extent, condition and services State, regional Area, dollars Experimental Marine and Coastal Ecosystem Accounting: Port Phillip Bay DELWP Ecosystem extent, condition and services State, regional Area, tonnes, quality index, dollars Experimental
environmental-economic-accounting-strategy.docx