Ecosystem valuation involves estimating the monetary value of ecosystem services benefits. It helps quantify the benefits that ecosystems provide to people and the economy in monetary term. These values could then be used in decision-making.
Environmental accounting, particularly through frameworks like the System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA-EA), incorporates these values into national accounts. By doing so, decision makers can track changes in ecosystem extent, condition, and service flows alongside economic indicators.
How does ecosystem valuation link with System of Environmental Economic Accounting (SEEA-EA)?
Systems of Environmental and Economic Accounting (SEEA) Ecosystem Accounting
- What are Ecosystem Goods and Services?
- Why Estimate the Monetary Value of Ecosystems?
- Monetary Estimates of Ecosystem Services in Pacific Island Countries
- Why Are Some Ecosystem Service Benefits Valued and Others Not?
- How Do We Measure Ecosystem Values?
- Why Does Ecosystem Valuation Vary So Much?
- Does It Really Add Up to Estimate Total Economic Value?
- How does ecosystem valuation relate to Environmental Accounting?