How natural capital accounting can help accelerate finance for nature

Document Summary: 
Biodiversity and ecosystems are deteriorating at rapid rates. Finance could help to resolve this problem, but finance for nature is still modest and mostly restricted to public expenditures. To slow, and reverse, the declines it is essential to mobilize private capital and other resources. This paper will argue that a global statistical standard for natural capital accounting (NCA), the System of Environmental and Economic Accounting (SEEA), could help to overcome the barriers that exist to finance for nature. Recognizing that, while NCA is not a silver bullet, it could play a valuable part in accelerating biodiversity finance.
Author: 
Rutger Hoekstra
Publication Year: 
2022
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