Accounting for the north’s environments

13 November 2018

Healthy ecosystems benefit our economic prosperity and social wellbeing but the value of these benefits is not always well recognised in decisions governing development and conservation. Environmental-economic accounting is a way of capturing and organising information to improve our understanding of the environment’s contribution to economic and human wellbeing and the impact of economic development on our natural assets. A new Hub project led by Associate Professor Jim Smart of Griffith University is reporting and recording the contribution that ecosystems make to the economy and the environment in Qld’s Mitchell River to help inform a national approach for environmental-economic accounting.

Photo of a riffle on the Mitchell River

This project is using Qld’s Mitchell River as a case study for environmental-economic accounting, photo Peter Negus.

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