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Natural Capital Protocol & SEEA Toolkit Discussion Paper

The differences between private and public sector approaches to natural capital management often lead to the overuse and degradation of natural capital. The public sector approach applies the UN SEEA (United Nations System of Environmental-Economic Accounting) framework, whilst the overarching framework for the private sector is the Natural Capital Protocol. 

However, there are substantial opportunities for the concepts, definitions and measurement approaches of the SEEA framework to inform discussion for businesses and industries, and for the Natural Capital Protocol to inform discussion among governments. This paper outlines how the accounting model of the SEEA framework can be used to support the implementation of the Natural Capital Protocol.

This paper was produced as part of our Combining Forces on Natural Capital project.

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