AUTHORS: Tiina Pursula – Sanna Ahvenharju – Marika Bröckl – Patrick ten Brink – Leonardo Mazza

The report reviews five different international approaches for natural capital accounting. The approaches attempt to help create an improved evidence base on the links between biodiversity and ecosystems on the one hand and economic and human wellbeing on the other, in view of better informing decision-making in a variety of contexts. The strengths and weaknesses of the five approaches are evaluated in the light of the policy goals, institutions and conditions in the Nordic countries.

The analysis was carried out over the period September 2012 – January 2013 by the Institute for European Environmental Policy and Gaia Consulting Oy.