A new research paper by the European project MAIA -Mapping and Assessment for Integrated Ecosystem Accounting- looks into linking biodiversity into national economic accounting with a specific focus on the implementation of biodiversity indicators to the System of Environmental-Economic Accounts Experimental Ecosystem Accounting (SEEA EEA).
Biodiversity is proven to have crucial impact to human well-being and the maintenance of ecosystem services flows, especially in times of disturbance. However, there are indicators showing for a decline within the three biodiversity sectors – ecosystem, species and genetic diversities. In this matter, a call for action is being initiated in order to prevent biodiversity loss, by collecting essential data on the importance and benefits of biodiversity to the ecosystem and human well-being.
Researchers advocate for the integration of biodiversity into various national accounts, proving the need of biodiversity indicators to be linked to the SEEA EEA. The motivation behind this study shows that the SEEA EEA is in possession of biophysical accounts for measuring and monitoring the condition of ecosystem types, which are essential for establishing the state of biodiversity. Additionally, the paper highlights the significance of Species Accounts and recommends for their inclusion into the System of Environmental-Economic Accounts Experimental Ecosystem Accounting (SEEA EEA).