Accounting for ecosystem services as a way to understand the requirements for sustainable development

Millennium Ecosystem Assessment documented the importance of ecosystem services. It is therefore important that these services are included in our economic accounts (Standard National Accounts), as long as we believe that these accounts should tell us something about our wellbeing. This requires measures of the ecosystem assets and their accounting prices. This article discusses how the concept of inclusive wealth can be exploited for creating such accounts

Keywords: Dynamics, prices, Wealth

Mäler, K.-G., S. Aniyar, and Å. Jansson. 2008. Accounting for ecosystem services as a way to understand the requirements for sustainable development. Proceedings of the National Academy of Sciences https://doi.org/10.1073/pnas.0708856105.