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

Mexico                  China                   Brazil                 India              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”. The project, which is funded by the European Union, aims to assist the five participating partner countries, namely Brazil, China, India, Mexico and South Africa, to advance the knowledge agenda on environmental and ecosystem accounting. It will initiate pilot testing of SEEA Experimental Ecosystem Accounting (SEEA EEA) with a view to improve the management of natural biotic resources, ecosystems and their services at the national level and mainstream biodiversity and ecosystems in (sub)national level policy-planning and implementation.

The project will review policy demands, data availability and measurement practices in order to advance and mainstream natural capital accounting and will initiate pilot ecosystem accounts in each of the five strategic partner countries.  

It is expected that the following work streams be carried out during the implementation of the project:

  • Development of a national plan and selection of ecosystem accounts, in physical and monetary terms, based on national priorities, in each of the partner countries
  • Development of guidelines and methodology that contribute to the national implementation of the project and the global research agenda in the context of SEEA EEA
  • Development of a set of indicators in the context of the 2030 Sustainable Development Agenda, Aichi Tragets and other international initiatives
  • Contributions to the alignment between SEEA and corporate sustainability reporting
  • Increased awareness of natural capital accounting
  • Enhanced capacity building and knowledge sharing as a way to enlarge the community of practitioners on natural capital accounting

Pilot countries

       Brazil


Pilot in Rio Grande hydrographic basic and states of Maranhao-Tocantins-Piaui-Bahia (MATOPIBA region) focusing on soil, water and carbon-related services.

 

China


Pilots ongoing under the framework of "ecological civilization" in the provinces of Guangxi Autonomous Region and Guizhou and at the national level to support the natrual resoruce balance sheet program.

 

 India


A suite of ecosystem accounts will be assessed in pilots covering a state in India.

 

Mexico


Building on earlier pilot accounts for the state of Aguascalientes, ecosystem extent, condition and services accounts will be 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

INEGI Mexico