Natural capital defines the spatial context for integrated capital accounting
Integrated Capital Accounting Tool (ICAT®) for Natural Capital Managers, Version 2.0 (May 2020) introduces a powerful new methodology for integrated capital accounting, building upon the spatial analysis approach that underpins the United Nation’s System for Environmental Economic Accounting (SEEA).
The attached report provides an overview of key benefits for natural capital managers who adopt the Integrated Capital Accounting Tool (ICAT®) before explaining key concepts underlying this innovative, globally credible approach. It concludes with an outline of the broad steps associated with the application of ICAT by natural resource managers.
The report is intended to familiarise prospective users with the process of developing a tailored application of ICAT for their organisation. Please connect with IDEEA Group for further information or support.