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HomeLinking accounts for ecosystem services and benefits to the economy through bridging (LISBETH)
Natural capital accounts and economic models : interaction and applications
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The acronym LISBETH stands for LInking accounts for ecosystem Services and Benefits to the Economy THrough bridging. LISBETH is based on INCA (Integrated system for Natural Capital Accounting) and is meant to facilitate the use of INCA accounts in traditional economic analytical tools. Three practical examples are described and commented on. The first application shows how to combine crop provision accounts with the conventional accounts related to agricultural products and their trade. Combined account presentations are useful for policymakers, not only for technical analytical purposes but also for communicating with a wider non-technical audience. The second application shows how to build consumption-based accounts using multiregional input–output tables; in our example we assess the water purification service embedded in traded crops. Consumption remains in fact the ultimate driver behind production processes. The third application shows how to link ecosystem services accounts to general equilibrium models to assess the economic impacts generated by changes in ecosystem services; in our example we address the impact of invasive alien species on pollination and in turn on pollination-dependent crops and their trade. The three applications provide several insights in terms of their usefulness at different steps of the policy cycle, their feasibility, their technical complexity (and thus the level of skill required) and also in terms of the primary users (from specialised analysts to a non-specialised audience).
- Published:
- Themes: Economy — Finance , Environment — Ecology
- Subject: agricultural product , consumption , economic consequence , economic model , ecosystem , environmental economics , insect , invasive species , research report , water treatment
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| ISSN 1831-9424 | ISBN 978-92-76-18427-0 | DOI 10.2760/480477 | Catalogue number KJ-NA-30193-EN-N |
- Released on EU publications website:
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