Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example

Adjusting macroeconomic indicators to account for the depletion and degradation of natural capital has long been viewed as a way to show the linkages between nature and the economy and foster more sustainable paths of development. Here, we show how the System of Environmental Economic Accounting (SE...

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Autores principales:	Alessandra La Notte, Alexandra Marques
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2019
Materias:	ecosystem services natural capital ecosystem accounting sustainability degradation Ecology QH540-549.5
Acceso en línea:	https://doaj.org/article/768c7cb51e714567b409218658c6a85e
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spelling	oai:doaj.org-article:768c7cb51e714567b409218658c6a85e2021-12-02T16:43:50ZAdjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example2332-887810.1080/20964129.2019.1634979https://doaj.org/article/768c7cb51e714567b409218658c6a85e2019-01-01T00:00:00Zhttp://dx.doi.org/10.1080/20964129.2019.1634979https://doaj.org/toc/2332-8878Adjusting macroeconomic indicators to account for the depletion and degradation of natural capital has long been viewed as a way to show the linkages between nature and the economy and foster more sustainable paths of development. Here, we show how the System of Environmental Economic Accounting (SEEA) Experimental Ecosystem Accounting (EEA) can be used to develop environmentally adjusted macroeconomic indicators. More specifically, we show how an enlargement of the production boundary to include the consideration of ecosystems as institutional units allows the development of a net value added metric that reflects depreciation and degradation of the natural capital assets. This measurement could be useful for policymaking: the linkage of ecosystem services to economic activities allows us to account for loss, repair and substitution of natural capital, and thus helps us to formulate and monitor environmental policies.Alessandra La NotteAlexandra MarquesTaylor & Francis Grouparticleecosystem servicesnatural capitalecosystem accountingsustainabilitydegradationEcologyQH540-549.5ENEcosystem Health and Sustainability, Vol 5, Iss 1, Pp 133-143 (2019)
institution	DOAJ
collection	DOAJ
language	EN
topic	ecosystem services natural capital ecosystem accounting sustainability degradation Ecology QH540-549.5
spellingShingle	ecosystem services natural capital ecosystem accounting sustainability degradation Ecology QH540-549.5 Alessandra La Notte Alexandra Marques Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
description	Adjusting macroeconomic indicators to account for the depletion and degradation of natural capital has long been viewed as a way to show the linkages between nature and the economy and foster more sustainable paths of development. Here, we show how the System of Environmental Economic Accounting (SEEA) Experimental Ecosystem Accounting (EEA) can be used to develop environmentally adjusted macroeconomic indicators. More specifically, we show how an enlargement of the production boundary to include the consideration of ecosystems as institutional units allows the development of a net value added metric that reflects depreciation and degradation of the natural capital assets. This measurement could be useful for policymaking: the linkage of ecosystem services to economic activities allows us to account for loss, repair and substitution of natural capital, and thus helps us to formulate and monitor environmental policies.
format	article
author	Alessandra La Notte Alexandra Marques
author_facet	Alessandra La Notte Alexandra Marques
author_sort	Alessandra La Notte
title	Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
title_short	Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
title_full	Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
title_fullStr	Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
title_full_unstemmed	Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
title_sort	adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example
publisher	Taylor & Francis Group
publishDate	2019
url	https://doaj.org/article/768c7cb51e714567b409218658c6a85e
work_keys_str_mv	AT alessandralanotte adjustedmacroeconomicindicatorstoaccountforecosystemdegradationanillustrativeexample AT alexandramarques adjustedmacroeconomicindicatorstoaccountforecosystemdegradationanillustrativeexample
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Adjusted macroeconomic indicators to account for ecosystem degradation: an illustrative example

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