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Browsing by Subject "ecosystem accounting"

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  • Arola, Terhi (2023)
    Ecosystem accounting is a new framework for integrating the value of nature into decision-making. Previous measures of natural capital accounting have not been able to achieve policy relevancy and have only limited use cases. It is important to look into the usability of ecosystem accounting, to ensure that it is implemented in a way that supports decision-making. The goal of my research is to provide a categorization of barriers and enablers of use, as well as provide some insight into how to make ecosystem accounting usable for decision-making. There is only limited literature on ecosystem accounting, so I conducted a scoping literature review on barriers and enablers of use of natural capital accounting to look into the issues and opportunities in making ecosystem accounting usable. I complemented this literature review with interviews of ecosystem accounting experts from Norway and Germany. Both countries have started the implementation journey and thus provide a view into the active development phase. My main results are the categorization of barriers and enablers of use of ecosystem accounting, as well as main messages for creating usable accounts. I categorized the barriers and enablers into 12 categories under three themes of political, structural and relevancy related barriers and enablers. The categories can be used when planning implementation to identify potential issues and to plan accounts to be as usable as possible. I have three main messages for compiling usable ecosystem accounts. First, sufficient resources are essential in gathering comprehensive accounts. Second, compiling the accounts rely on cooperation of multiple institutions, thus there is a need to agree on forms of coordination. Third, the categories of barriers and enablers are interconnected, and thus there are positive feedback loops that can support making ecosystem accounts usable for policymaking.