The Natural Capital Accounting Opportunity: Let's Really Do the Numbers

Boyd, James W; Bagstad, Kenneth J; Ingram, Jane Carter; Shapiro, Carl D; Adkins, Jeffery E; Casey, C Frank; Duke, Clifford S; Glynn, Pierre D; Goldman, Erica; Grasso, Monica; Hass, Julie L; Johnson, Justin A; Lange, Glenn-Marie; Matuszak, John; Miller, Ann; Oleson, Kirsten L L; Posner, Stephen M; Rhodes, Charles; Soulard, François; Vardon, Michael; Villa, Ferdinando; Voigt, Brian; Wentland, Scott

doi:10.1093/biosci/biy135

i

The Natural Capital Accounting Opportunity: Let's Really Do the Numbers

2018
By Boyd, James W ; Bagstad, Kenneth J ; Ingram, Jane Carter ; ...

Details

Journal Title:

BioScience
Personal Author:

Boyd, James W ; Bagstad, Kenneth J ; Ingram, Jane Carter ; Shapiro, Carl D ; Adkins, Jeffery E ; Casey, C Frank ; Duke, Clifford S ; Glynn, Pierre D ; Goldman, Erica ; Grasso, Monica ; Hass, Julie L ; Johnson, Justin A ; Lange, Glenn-Marie ; Matuszak, John ; Miller, Ann ; Oleson, Kirsten L L ; Posner, Stephen M ; Rhodes, Charles ; Soulard, François ; Vardon, Michael ; Villa, Ferdinando ; Voigt, Brian ; Wentland, Scott
NOAA Program & Office:

OAR (Oceanic and Atmospheric Research)
Description:

The nation's economic accounts provide objective, regular, and standardized information routinely relied on by public and private decision-makers. But they are incomplete. The United States and many other nations currently do not account for the natural capital—such as the wildlife, forests, grasslands, soils, and water bodies—on which all other economic activity rests. By creating formal natural capital accounts (NCA) and ecosystem goods and service (EGSA) accounts, governments and businesses could better understand the past, peer into the future, innovate, conserve, and plan for environmental shocks. They would standardize, regularly repeat, and aggregate diverse natural resource, environmental, and social and economic data and could thereby play a significant role in advancing the science of coupled biophysical and social systems.
Keywords:

General Agricultural and Biological Sciences
Source:

BioScience, 68(12), 940-943
DOI:

https://doi.org/10.1093/biosci/biy135
ISSN:

0006-3568 ; 1525-3244
Format:

PDF
Publisher:

Oxford University Press (OUP)
Document Type:

Journal Article
Rights Information:

Other
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Library
Main Document Checksum:

urn:sha-512:c27f91c8f38b16ab153c0099bb6695a6883674757e3c95c331dfdbd95584d3b3bf7f862577117ea35a2f3c776db7dc24a2cd941c30e8e5dc4dda067bec417709
Download URL:

https://repository.library.noaa.gov/view/noaa/64058/noaa_64058_DS1.pdf
File Type:

[PDF - 139.35 KB ]

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