Natural Capital Accounts & Policy Utility

Resource type: 
Policy
EU project stamp: 
No
Main entity: 
OPERAs
Type of entity: 
Project
Funding: 
EU Horizon 2020
Key themes: 
Natural Capital
Societal challenges: 
Green Space Management
Place Regeneration & Knowledge
Social Capacity Building for Sustainable Urban Transformation
Scope: 
Europe
Description: 

Commitments to Natural Capital Accounting have been increasing in recent years – as reflected by recent international, European and national initiatives and legislation. The Strategic Plan for Biological Diversity 2011-2020 includes the commitment to integrate biodiversity into national accounting (Aichi Target 2). Commitments to accounting are also included in the EU Biodiversity strategy and various National Biodiversity Strategy and Action Plans. However, the tool is still mainly in the experimentation phase, with only a small number of applications that feed into policy decisions. It has the potential to be an instrument adding value to different steps in the policy cycle and in a range of policy areas. There remain a range of development needs and care is needed in how to interpret and use the results.

Semester theme: 
3. Standards
Date: 
2016
Language: 
EN