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Research - Economics

The following articles relate to developments in approaches to accounting for Natural Capital in Agriculture.

  • Developing the Ecological Balance Sheet for Agricultural Sustainabiliy

    Agriculture relies on efficient transformation and regeneration of ecological capital to sustainably produce a range of life-supporting goods and services. An improvement in the ability to account for ecological capital in agriculture may assist recognition, avoidance and reversal of its depletion. This paper investigates current conventions of accounting for biological, productive and land-related assets to conceptualise a way of incorporating ecological capital in the accounting framework of business entities. A conceptual framework for ecological capital in agriculture is used to link intermediate and productive biological assets to inflows and outflows of economic benefit. An Ecological Balance Sheet (EBS) is proposed Read More
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