Expert Meeting on Ecosystem Valuation in the context of Natural Capital Accounting
The objective of the meeting is to establish and strengthen the dialogue between policy makers, environmental economists, ecosystem valuation practitioners and accountants, in the context of the Aichi Target 2 which calls to mainstream biodiversity in national accounts and action 5 of the European Union Biodiversity strategy of 2020, which calls to map and assess the state of ecosystems and their services, including economic valuation and integration into accounting and reporting systems. The meeting will also advance the research agenda on valuation in the context of the revision of the System of Environmental Economic Accounting Experimental Ecosystem Accounting (SEEA EEA). In response to the extended testing and experimentation in countries, there is an increasing demand to revise the SEEA EEA with the objective of reaching consensus on concepts, methods and classifications of ecosystem accounting by 2020.
Starting from the SEEA EEA research agenda on valuation and accounting, the meeting will address key issues on valuation concepts for ecosystem services and assets, explore suitable valuation methods for key ecosystem services, present the current state of the art of valuation in the context of ecosystem accounting and discuss issues pertaining to the valuation of ecosystem degradation and enhancement in the context in the SEEA EEA revision process.
The meeting is funded and organized by the German Federal Agency for Nature Conservation (BfN, for its German acronym), in collaboration with the United Nations Statistics Division and the United Nations Environment Programme. The meeting is also an activity of the European Union funded project “Natural Capital Accounting and Valuation of Ecosystem Services”.
To find more details on the meeting and registration process, please click here.