Accounting for nature

26 March 2019

Northern environmental economic accounting

Healthy ecosystems benefit our economic prosperity and social wellbeing and it’s important that decision-makers recognise the value of these benefits.

Environmental-economic accounting (EEA) is a way to inform development and conservation investments by tracking the extent and condition of ecosystem assets, the services provided by those assets, and the direct benefits to individuals and society. Associate Professor Jim Smart of Griffith University leads a new Hub project developing a set of environmental-economic accounts for Queensland’s Mitchell River catchment to help inform the evolving national EEA approach.

For more information, contact Jim Smart at [email protected].

 

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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