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From natural capital accounting to natural capital banking

Author

Listed:
  • Michael J. Vardon

    (The Australian National University)

  • Heather Keith

    (Griffith University)

  • Peter Burnett

    (The Australian National University)

  • David B. Lindenmayer

    (The Australian National University)

Abstract

Natural capital accounting will confirm what we know — without change, we are headed for environmental disaster resulting from economic growth. We propose a natural capital bank, a new institution to help maintain natural capital adequacy and chart a course to a sustainable future via accounting.

Suggested Citation

  • Michael J. Vardon & Heather Keith & Peter Burnett & David B. Lindenmayer, 2021. "From natural capital accounting to natural capital banking," Nature Sustainability, Nature, vol. 4(10), pages 832-834, October.
    • Handle: RePEc:nat:natsus:v:4:y:2021:i:10:d:10.1038_s41893-021-00747-x
    DOI: 10.1038/s41893-021-00747-x
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    Cited by:

    1. Anna Normyle & Michael Vardon & Bruce Doran, 2022. "Ecosystem accounting and the need to recognise Indigenous perspectives," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-7, December.
    2. Alrowwad, Anas Mohammad & Alhasanat, Khaled Ahmad & Sokil, Oleh & Halko, Serhii & Kucherkova, Svitlana, 2022. "Sustainable transformation of accounting in agriculture," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 8(2), June.
    3. Grover, Isobella & O'Reilly-Wapstra, Julianne & Suitor, Shaun & Hatton MacDonald, Darla, 2023. "Not seeing the accounts for the forest: A systematic literature review of ecosystem accounting for forest resource management purposes," Ecological Economics, Elsevier, vol. 212(C).

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