Table 1.2 Feasibility of Economic Accounting for Natural Capital Stocks and Flows Partially covered by Less well covered and/or Not covered or not national accounts and/or Currently well covered by difficult to address by possible to in principle possible over national accounts national accounts time Extent of most ecosystems Terrestrial ecosystem in biophysical (land Marine ecosystem condition- via different use by hectare) condition (in biophysical ecosystem types and land Forest accounts in terms) cover data (in biophysical Biodiversity of ecosystems, biophysical terms (timber species and genes (in terms) Ecosystems stocks) biophysical terms) too – as stock Carbon in vegetation and Agricultural accounts in complex to integrate in Water quality soils in biophysical terms biophysical (land use –information accounts exists in the River Basin (tonnes) by hectares) Management Plans (in Fish stock accounts (in Water stock accounts in biophysical terms) biophysical and monetary biophysical terms (cubic terms) metres) Contribution to crop Locally important regulating production by wild services such as pollinators (in biophysical Timber harvests in purification (in biophysical and monetary terms) biophysical and monetary terms) - some information terms Regulation of water flow exists in local studies, but A range of supporting and soil erosion mitigation not in accounts Flow of Ecosystem Services (in (in biophysical terms) Ecosystem biophysical terms) e.g. Regulation services related Agricultural production in – Services soil formation to punctual events, e.g. biophysical and monetary Tourism and recreation natural hazards regulation terms opportunities in terms of (in monetary terms) - as number of visits and in difficult to assess value of Fish landing in biophysical monetary terms avoided impacts and which and monetary element relates to ES Source: own elaboration.
Table 1.2 Feasibility of Economic Accounting for Natural Capital Stocks and Flows Not covered or not possible to Less well covered and/or difficult to address by national accounts Partially covered by national accounts and/or in principle possible over time Currently well covered by national accounts Ecosystems as stock Biodiversity of ecosystems, species and genes (in biophysical terms) – too complex to integrate in accounts Marine ecosystem condition (in biophysical terms) Terrestrial ecosystem condition- via different ecosystem types and land cover data (in biophysical terms) Extent of most ecosystems in biophysical (land use by hectare) Forest accounts in biophysical terms (timber stocks) Water quality –information exists in the River Basin Management Plans (in biophysical terms) Carbon in vegetation and soils in biophysical terms (tonnes) Agricultural accounts in biophysical (land use by hectares) Fish stock accounts (in biophysical and monetary terms) Water stock accounts in biophysical terms (cubic metres) Flow of Ecosystem Services A range of supporting Ecosystem Services (in biophysical terms) – e.g. soil formation Locally important regulating services such as purification (in biophysical terms) - some information exists in local studies, but not in accounts Contribution to crop production by wild pollinators (in biophysical and monetary terms) Timber harvests in biophysical and monetary terms Regulation of water flow and soil erosion mitigation (in biophysical terms) Regulation services related to punctual events, e.g. natural hazards regulation (in monetary terms) - as difficult to assess value of avoided impacts and which element relates to ES Tourism and recreation opportunities in terms of number of visits and in monetary terms Agricultural production in biophysical and monetary terms Fish landing in biophysical and monetary Source: own elaboration.
d34-nat-cap-accounting-discussion-paperjuly-2016.docx