A conceptual framework based on accounting principles of stocks, flows, and investment can be applied to natural capital, social and cultural capital, human capital and financial and physical capitals. Development and application of this framework can help to reveal the environmental, social and economic impacts and interactions of prevailing land use (or other management) practices, and provide a way of assessing the effectiveness of different programmes for achieving desired management objectives.
Search Best Practices
The search found 5 results in 0.011 seconds.
More than one third of all land in New Zealand is managed by the Department of Conservation as public conservation land. New Zealand is facing significant challenges in reconciling development proposals in these protected areas. The Department of Conservation manages development proposals in protected areas containing high conservation values using a legislative framework of planning and permitting processes. This process provides robust advice to decision-makers.
Natura 2000 is the world's largest coordinated network of protected areas, established by two pieces of EU environmental legislation: the so-called Birds and Habitats Directives. The Natura 2000 network now comprises over 27000 sites across the 28 EU Member States. It covers over million km², more than 18% of the EU terrestrial area and over 4% of the marine area where EU Member States have national jurisdiction. The EU Birds and Habitats Directives and Natura 2000 are the cornerstone of the EU biodiversity policy and the backbone of its Green Infrastructure.
By organising and presenting existing biophysical, social and economic data, and applying acknowledged economic valuation methods in an accounting framework, we offer a tool to policy makers that incorporates values of select ecosystem assets and services that is consistent with official macroeconomic indicators and statistics. In producing a structured and familiar accounting based product, we envisage greater uptake and consideration of environmental data in the policy decision making process.
Under-funding of protected areas is a universal challenge. The UNDP supported GEF financed project “Strengthening Governance and Financial Sustainability of the National Protected Area System” sought to improve the financial sustainability of the Ukraine’s national protected area system. To do this, the project: a) developed a comprehensive national strategy for protected area financing, b) introduced business planning for protected areas and piloted options for PA revenue generation.