Biophysical and economic assessment of four ecosystem services for natural capital accounting in Italy
A group of scientists from ISPRA, the Basque Centre for Climate Change (BC3) and Ikerbasque have demonstrated the feasibility of moving towards a widespread application of SEEA-EEA – the accepted international standard for environmental-economic accounting – compliant country-based accounts.
This work represents one of the first studies made available at such geographical scope using k.LAB, the technology powering ARIES, which is poised to automate accounting routines for producers of natural capital accounts.
The spatial mapping and the assessment have been carried out in both physical and monetary terms for four ecosystem services: crop pollination, outdoor recreation, flood regulation and water provision.
Check out the full paper ‘Biophysical and economic assessment of four ecosystem services for natural capital accounting in Italy‘.