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Capacity as "virtual stock" in ecosystem services accounting.
Alessandra La Notte1, Sara Vallecillo1, Joachim Maes1
1European Commission Joint Research Centre, Directorate D - Sustainable Resources, Via E.Fermi 2749, 21027 Ispra, VA, Italy.
Summary
Ecosystem services accounting is advancing, but linking ecosystem assets to services remains a challenge. This study introduces a novel approach using Supply and Use tables to define and differentiate ecosystem capacity, enhancing accounting frameworks.
Area of Science:
- Environmental Accounting
- Ecological Economics
- Natural Resource Management
Background:
- Growing interest in ecosystem services accounting necessitates robust methodologies.
- International guidelines propose 'capacity' as the crucial link between ecosystem assets and services.
- Existing frameworks lack clear distinction between ecosystem assets and their service-generating capacity.
Purpose of the Study:
- To address the unresolved issue of defining and measuring ecosystem capacity.
- To establish a clear conceptual and practical link between ecosystem assets and ecosystem services.
- To propose a novel framework for ecosystem services accounting.
Main Methods:
- Utilizing Supply and Use tables for ecosystem services.
- Defining ecosystem capacity as a 'virtual stock' derived from ecosystem assets.
- Comparing ecosystem asset accounts with ecosystem capacity accounts.
Main Results:
- Demonstrated the relationship between ecosystem assets and ecosystem capacity using Supply and Use tables.
- Clarified the distinction between ecosystem assets and ecosystem capacity as a 'virtual stock'.
- Presented a novel approach for integrating capacity into ecosystem services accounting.
Conclusions:
- The proposed method provides a clearer definition and measurement of ecosystem capacity.
- This framework enhances the linkage between ecosystem assets and services in accounting.
- The approach offers a foundation for future research and development in ecosystem accounting.