Project
Science for evidence-based and sustainable decisions about Natural Capital
Through a collaboration of experts from 50 partner organizations from all 27 EU member states, Norway, Switzerland, Israel, and the United Kingdom, SELINA will set new standards for international cooperation to promote Ecosystem Services (ES) and Biodiversity (BD) conservation and enhance Ecosystem Conditions (EC). Providing robust practical information and recommendations to stakeholders from both the public and private sectors, SELINA will pave the way towards the transformative societal change required to achieve the ambitious goals of the European Biodiversity Strategy 2030 and the Green Deal.
Introduction
SELINA aims to provide guidance for evidence-based decision-making that supports the protection, restoration, and sustainable use of our environment. SELINA will set new standards for international cooperation to promote Ecosystem Services (ES) and Biodiversity (BD) conservation and enhance Ecosystem Conditions (EC).
Objective
In SELINA, WU is leading WP5 on Ecosystem Accounting. WP5 aims to assess (1) how ecosystem disservices and negative externalities can be integrated to the ecosystem accounting framework, (2) demonstrate the use of earth observation data to support ecosystem accounting and (3) assess implications of using different value assumptions in monetary valuation.
Method
The System of Environmental Economic Accounting – Ecosystem Accounting (SEEA-EA) is developed under auspices of the UN Statistical Commission. It provides a consistent framework for analysing and storing information on ecosystem assets and flows of ecosystem services. The SEEA is part of the System of National Accounts, used by statistical agencies world-wide for the production of economic and other statistics.
(Expected) results
- Demonstration of how ecosystem disservices and negative externalities can be integrated to the ecosystem accounting framework.
- Demonstration of the use of earth observation data to support ecosystem accounting.
- Assessment of scientific and policy implications of using different value assumptions in monetary valuation.