Natural Capital Accounting Project

Natural Capital Accounting and Valuation of Ecosystem Services

Natural Capital Accounting - Land Cover

Mainstreaming biodiversity and ecosystems into policy through natural capital accounts in five countries

Brazil

China

India

Mexico

South Africa


 

 

About the Project

The United Nations Statistics Division, the United Nations Environment Programme, the Secretariat of the Convention on Biological Diversity, and the European Union have launched the project “Natural Capital Accounting and Valuation of Ecosystem Services(NCA&VES).

The project funded by the European Union through its Partnership Instrument (PI), aims to assist the five participating partner countries, namely Brazil, China, India, Mexico and South Africa, to advance the knowledge agenda on environmental-economic accounting, in particular ecosystem accounting. It will initiate pilot testing of SEEA Experimental Ecosystem Accounting (SEEA EEA) with a view to:

  • Improving the measurement of ecosystems and their services (both in physical and monetary terms) at the (sub)national level;
  • Mainstreaming biodiversity and ecosystems at (sub)national level policy planning and implementation;
  • Contribute to the development of internationally agreed methodology and its use in partner countries.

The project will have a duration until the end of 2020.

Workstreams

The project is organized along several workstreams.

  • Compiling ecosystem accounts: A range of ecosystem accounts will be piloted in the five project countries (see below for description each country). These accounts will be in physical and monetary terms. The accounts will be subsequently applied in scenario analysis based on national policy priorities. 
  • Guidelines and methodology: the country pilots will feed into the revision of the SEEA EEA and guidelines (on biophysical modeling, valuation, and scenario analysis) that will contribute to national and global implementation of NCA;
  • Indicators: Development and testing of a set of indicators in the context of the post 2020 Biodiversity Agenda and other international initiatives
  • Business accounts: Contribute to the alignment between SEEA and corporate sustainability reporting
  • Communications: increase awareness of natural capital accounting both in project countries and beyond through developing a range of products
  • Enhanced capacity building and knowledge sharing: enlarging the community of practitioners on natural capital accounting by e-Learnings and training workshops (in country and regional).

In parallel, within project countries inter-institutional mechanisms around NCA will be established or strengthened, through a country assessment feeding into developing a national roadmap.

Pilot countries

       Brazil


Pilot in Rio Grande river basin, specifically in the states of Maranhao-Tocantins-Piaui-Bahia (MATOPIBA)  focusing on hydrological services as well as soil related services.

 

 China


Support ongoing pilots in the provinces of Guangxi Autonomous Region and Guizhou. At the national level support will be provided to develop natural resource balance sheets.

 

 India


A suite of ecosystem accounts will be assessed in a pilot for the State of Karnataka. Several ecosystem services will be assessed at the national scale.

 

Mexico


Building on earlier pilot accounts for the state of Aguascalientes, ecosystem extent, condition and  services accounts will be will compiled at the state and national level.

 

South Africa


Various types of ecosystem accounts will be compiled, including ecosystem services accounts for KwaZulu-Natal (KZN) province, and ecosystem extent accounts at the national level.

 

Implementing Partners

Project funded by:

The European Union

Meetings

Date Location Title
12 November 2018 to 15 November 2018 Aguascalientes and Mexico City, Mexico Second Mission to Mexico for the project Natural Capital Accounting and Valuation of Ecosystem Services
18 June 2018 to 20 June 2018 Glen Cove, Long Island, NY Forum of Experts in SEEA Experimental Ecosystem Accounting
19 March 2018 Pretoria, South Africa National Stakeholder Workshop in South Africa- Ecosystem Accounting
22 November 2017 to 23 November 2017 The Hague, Netherlands Second Forum on Natural Capital Accounting for Better Decision-Making, The Hague
06 November 2017 to 08 November 2017 Beijing, China Regional Training Workshop on the SEEA Experimental Ecosystem Accounting in China
31 October 2017 to 03 November 2017 Beijing, China Inception Mission to China for the Natural Capital Accounting and Valuation of Ecosystem Services project
19 September 2017 to 22 September 2017 Pretoria, South Africa Inception Mission to South Africa for the Natural Capital Accounting and Valuation of Ecosystem Services project
13 June 2017 to 14 June 2017 Mexico City, Mexico EU NCA Project - Inception Mission Mexico