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What is natural capital accounting?

EXPLAINER

Accounting for our environment

Find out more about our capability in natural capital accounting: measuring and reporting the amount, condition and value of environmental assets to support the wellbeing, culture and livelihoods of Australians.

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Industry

We work with industry and research and development partners to apply natural capital accounting at scales from enterprises to regions. Natural capital accounting can help industries measure and report their environmental performance and track it against their economic information, improving their decision making and justifying investments in nature.

Assessing the economic benefits of maintaining natural capital on farms

Developing a methodology for assessing the impacts of biodiversity conservation activities on agriculture under a changing climate.

Pathways to a carbon neutral red meat industry

Natural capital accounting (NCA) is helping Australia's red meat and livestock industry measure and monitor its carbon and natural capital outcomes. This will support the industry's progress towards its carbon neutrality targets, and facilitate access to emerging carbon and biodiversity markets.

Communities

Increasingly, communities seek to better understand relevant ecosystem-related values as they work towards a sustainable and prosperous future. Weaving local and Indigenous knowledge with western scientific knowledge can support better decision making and better recognise the important contributions that Indigenous and regional communities make towards Australia’s environment and economy.

Valuing ecosystem services of urban forests and open spaces

An environmental valuation of alternative long-term management strategies for living infrastructure in Canberra, Australia.

BLOG

What nature is worth: the rise of natural capital accounting

Can Australia’s natural riches be quantified in economic terms? And if they can, should it prompt Australians to look afresh at the value of the country’s forests, waterways and biodiversity?

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Methods, models, data and tools

We develop a range of methods, models, data and tools that can support integrated assessments, environmental-economic accounts and natural capital accounts.

Biogeographic modelling Infrastructure for Large-scale Biodiversity Indicators (BILBI)

A modelling and prediction tool for reporting on biodiversity at a fine spatial resolution globally.

Habitat Condition Assessment System

Australia's first consistent, repeatable and cost-efficient national biodiversity habitat condition assessment and reporting capability.

Australian Ecosystems Models Framework

A set of dynamic ecosystem models to describe the dynamic characteristics and drivers of Australian ecosystems in unmodified and modified states.

Biodiversity co-benefits calculator

A tool to quantify the biodiversity co-benefits of land management actions such as carbon farming - at any scale - anywhere in Australia.

Landscape options and opportunities for carbon abatement calculator (LOOC-C)

A software tool that allows land managers to quickly assess the greenhouse gas abatement options for a specific land area.

Indicators of biodiversity change

A suite of biodiversity indicators to report on recent changes in biodiversity, from local to global scales.

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