How to account for nature-based solutions as the ecological assets that support economy and society

Abstract

Nature-based solutions (NBS) are ecological assets that support economy and society with a variety of services. Through integrated environmental and economic accounting systems, it is possible to measure and monitor these services and eventually integrate NBS into decision-making processes. This commentary presents the System of Environmental and Economic Accounts (SEEA), and in particular the Ecosystem Accounting modules where NBS may find a suitable format to systematically link changes in ecological assets with services and benefits provided to economic activities and people. If well structured, such information could significantly support policy actions through transparent cause-and-effect relationships.

Keywords

• Ecosystem accounting
• Ecosystem services
• Ecological assets
• Nature-based solutions
• Integrated accounting systems