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2nd GLOBE Natural Capital Accounting Study: Legal and policy developments in twenty-one countries
Posted on: 17 June 2014
By: mackene
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Filed under: News
Working in partnership with the Global Legislators Organisation, GLOBE International, the UCL Institute for Sustainable Resources has published a major review of national laws and policies in 21 countries concerning natural capital accounting. The study featured contributions from 56 individuals, including parliamentarians, government officials, external consultants, and subject matter experts from UCL. Natural capital accounting is a process that supplements conventional measures of economic activity such as GDP, to provide data and information concerning the economic importance of environmental assets. The study identifies a flexible set of options for enabling natural capital accounting, highlighting key experiences, challenges and lessons learned in the 21 featured countries. It also outlines a roadmap for future action to improve the global knowledge-base concerning legal and policy options for managing natural capital.
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