EEA Reporting

Accounting in Practice

Examples of best practice NCA

NCA best practice

 

Natural capital accounts based on SEEA principles are desigend to integrate fully with globally standardised economic and financial accounts. Reporting based on the SEEA framework reflects the context-specific relationships between natural, produced, human and social capital. The quantity and quality of these capitals underpins the social and economic benefits that are enjoyed by local people and the wider community.

Natural Capital Accounting based on SEEA principles is now widely regarded as the best practice for outcomes based sustainability measurement. The approach reflects the context-specific relationships between natural, produced, human and social capital. The quantity and quality of these capitals underpins the social and economic benefits that are enjoyed by local people and the wider community. This enables natural capital managers to overcome challenges and opportunities in a dynamic context.

NCA case studies from around the world

Mapping Ocean Wealth

Managers always talk about using the best evidence to inform decision making but are often constrained by a lack of organised information. IDEEA Group worked with Deakin University and The Nature Conservancy to populate natural capital accounts for Port Phillip [...]