IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v46y2020ics2212041620301406.html
   My bibliography  Save this article

The natural capital indicator framework (NCIF) for improved national natural capital reporting

Author

Listed:
  • Fairbrass, A.
  • Mace, G.
  • Ekins, P.
  • Milligan, B.

Abstract

It is now widely recognised that components of the environment play the role of economic assets, termed natural capital, that are a foundation of social and economic development. National governments monitor the state and trends of natural capital through a range of activities including natural capital accounting, national ecosystem assessments, ecosystem service valuation, and economic and environmental analyses. Indicators play an integral role in these activities as they facilitate the reporting of complex natural capital information. One factor that hinders the success of these activities and their comparability across countries is the absence of a coherent framework of indicators concerning natural capital (and its benefits) that can aid decision-making. Here we present an integrated Natural Capital Indicator Framework (NCIF) alongside example indicators, which provides an illustrative structure for countries to select and organise indicators to assess their use of, and dependence on, natural capital. The NCIF sits within a wider context of indicators related to natural, human, social and manufactured capital, and associated flows of benefits. The framework provides decision-makers with a structured approach to selecting natural capital indicators with which to make decisions about economic development that take into account national natural capital and associated flows of benefits.

Suggested Citation

  • Fairbrass, A. & Mace, G. & Ekins, P. & Milligan, B., 2020. "The natural capital indicator framework (NCIF) for improved national natural capital reporting," Ecosystem Services, Elsevier, vol. 46(C).
    • Handle: RePEc:eee:ecoser:v:46:y:2020:i:c:s2212041620301406
    DOI: 10.1016/j.ecoser.2020.101198
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041620301406
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2020.101198?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Geoff Bright & Emily Connors & Joe Grice, 2019. "Measuring natural capital: towards accounts for the UK and a basis for improved decision-making," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 35(1), pages 88-108.
    2. Leach, Katie & Grigg, Annelisa & O'Connor, Brian & Brown, Claire & Vause, James & Gheyssens, Jonathan & Weatherdon, Lauren & Halle, Martin & Burgess, Neil D. & Fletcher, Ruth & Bekker, Sebastian & Kin, 2019. "A common framework of natural capital assets for use in public and private sector decision making," Ecosystem Services, Elsevier, vol. 36(C), pages 1-1.
    3. Ian J. Bateman & Georgina M. Mace, 2020. "The natural capital framework for sustainably efficient and equitable decision making," Nature Sustainability, Nature, vol. 3(10), pages 776-783, October.
    4. Andrei Bougrov & Robert Johnson & Benno Ndulo & Pedro Paez & Avinash Persaud & Heidemarie Wieczorek-Zeul & Akhtar Aziz Zeti & Charles Goodhart & Jomo Kwame Sundaram & Youssef Boutros-Ghali & José Anto, 2010. "The Stiglitz Report," SciencePo Working papers Main hal-03415638, HAL.
      • Andrei Bougrov & Robert Johnson & Benno Ndulo & Pedro Paez & Avinash Persaud & Heidemarie Wieczorek-Zeul & Akhtar Aziz Zeti & Charles Goodhart & Jomo Kwame Sundaram & Youssef Boutros-Ghali & José Anto, 2010. "The Stiglitz Report," Working Papers hal-03415638, HAL.
    5. Ekins, Paul & Simon, Sandrine & Deutsch, Lisa & Folke, Carl & De Groot, Rudolf, 2003. "A framework for the practical application of the concepts of critical natural capital and strong sustainability," Ecological Economics, Elsevier, vol. 44(2-3), pages 165-185, March.
    6. World Bank, 2012. "Inclusive Green Growth : The Pathway to Sustainable Development," World Bank Publications - Books, The World Bank Group, number 6058.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fanqi Zou & Tinghui Li, 2022. "The Impact of Agricultural Ecological Capital Investment on the Development of Green Circular Economy," Agriculture, MDPI, vol. 12(4), pages 1-21, March.
    2. Wang, Xiaoyu & Peng, Jian & Luo, Yuhang & Qiu, Sijing & Dong, Jianquan & Zhang, Zimo & Vercruysse, Kim & Grabowski, Robert C. & Meersmans, Jeroen, 2022. "Exploring social-ecological impacts on trade-offs and synergies among ecosystem services," Ecological Economics, Elsevier, vol. 197(C).
    3. Shanshan Guo & Yinghong Wang & Jiu Huang & Jihong Dong & Jian Zhang, 2021. "Decoupling and Decomposition Analysis of Land Natural Capital Utilization and Economic Growth: A Case Study in Ningxia Hui Autonomous Region, China," IJERPH, MDPI, vol. 18(2), pages 1-18, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Darshana Rajapaksa & Moinul Islam & Shunsuke Managi, 2017. "Natural Capital Depletion: the Impact of Natural Disasters on Inclusive Growth," Economics of Disasters and Climate Change, Springer, vol. 1(3), pages 233-244, October.
    2. Ioannis Souliotis & Nikolaos Voulvoulis, 2021. "Natural Capital Accounting Informing Water Management Policies in Europe," Sustainability, MDPI, vol. 13(20), pages 1-24, October.
    3. Ghazali, Samane & Zibaei, Mansour & Azadi, Hossein, 2023. "Impact of livelihood strategies and capitals on rangeland sustainability and nomads' poverty: A counterfactual analysis in Southwest Iran," Ecological Economics, Elsevier, vol. 206(C).
    4. Andrew M. Neill & Cathal O’Donoghue & Jane C. Stout, 2020. "A Natural Capital Lens for a Sustainable Bioeconomy: Determining the Unrealised and Unrecognised Services from Nature," Sustainability, MDPI, vol. 12(19), pages 1-24, September.
    5. Mubashir Qasim, 2018. "Some Links between Sustainability and Well-Being," Working Papers in Economics 18/13, University of Waikato.
    6. Simone Schneider, 2012. "Income Inequality and its Consequences for Life Satisfaction: What Role do Social Cognitions Play?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 106(3), pages 419-438, May.
    7. Genesis T. Yengoh & Frederick Ato Armah & Edward Ebo Onumah, 2010. "Paths to Attaining Food Security: The Case of Cameroon," Challenges, MDPI, vol. 1(1), pages 1-22, August.
    8. Ofori, Isaac K. & Figari, Francesco, 2022. "Economic Globalisation and Inclusive Green Growth in Africa: Contingencies and Policy-Relevant Thresholds of Governance," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Forthcomi, pages 1-1.
    9. Mohaddes, M. & Nugent, J. & Selim, H., 2018. "Reforming Fiscal Institutions in Resource-Rich Arab Economies: Policy Proposals," Cambridge Working Papers in Economics 1848, Faculty of Economics, University of Cambridge.
    10. Margherita Casini & Francesca Gagliardi & Gianni Betti, 2018. "Sustainable Development Goals indicators: a methodological proposal for a fuzzy Super Index in the Mediterranean area," Department of Economics University of Siena 782, Department of Economics, University of Siena.
    11. Sharmila Moganadas & Victor Corral-Verdugo & Santhi Ramanathan, 2013. "Toward systemic campus sustainability: gauging dimensions of sustainable development via a motivational and perception-based approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(6), pages 1443-1464, December.
    12. Baumgärtner, Stefan & Quaas, Martin F., 2009. "Ecological-economic viability as a criterion of strong sustainability under uncertainty," Ecological Economics, Elsevier, vol. 68(7), pages 2008-2020, May.
    13. Baffour-Kyei, Vasco & Mensah, Amos & Owusu, Victor & Horlu, Godwin S.A.K., 2021. "Artisanal small-scale mining and livelihood assets in rural southern Ghana," Resources Policy, Elsevier, vol. 71(C).
    14. Pak, Tae-Young, 2020. "Social protection for happiness? The impact of social pension reform on subjective well-being of the Korean elderly," Journal of Policy Modeling, Elsevier, vol. 42(2), pages 349-366.
    15. Dietz, Simon & Neumayer, Eric, 2007. "Weak and strong sustainability in the SEEA: Concepts and measurement," Ecological Economics, Elsevier, vol. 61(4), pages 617-626, March.
    16. Jean-François Ruault & Alice Dupré La Tour & André Evette & Sandrine Allain & Jean-Marc Callois, 2022. "A biodiversity-employment framework to protect biodiversity," Post-Print hal-03365820, HAL.
    17. Stefan Dercon, 2014. "Climate change, green growth, and aid allocation to poor countries," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 30(3), pages 531-549.
    18. Vogt-Schilb, Adrien & Hallegatte, Stephane & de Gouvello Christophe, 2014. "Long-term mitigation strategies and marginal abatement cost curves : a case study on Brazil," Policy Research Working Paper Series 6808, The World Bank.
    19. Stephane Hallegatte & Mook Bangalore & Laura Bonzanigo & Marianne Fay & Tamaro Kane & Ulf Narloch & Julie Rozenberg & David Treguer & Adrien Vogt-Schilb, 2016. "Shock Waves," World Bank Publications - Books, The World Bank Group, number 22787.
    20. Carlo Carraro & Lorenza Campagnolo & Fabio Eboli & Elisa Lanzi & Ramiro Parrado & Elisa Portale, 2012. "Quantifying Sustainability: A New Approach and World Ranking," Working Papers 2012.94, Fondazione Eni Enrico Mattei.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoser:v:46:y:2020:i:c:s2212041620301406. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/ecosystem-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.