System of Environmental Economics Accounting (SEEA) - coastal and marine ecosystem economic accounting in Karnataka state, India
Keywords:accounting, SEEA, ecosystems, goods and services, coastal and marine, karnataka
Coastal and marine ecosystems are important natural environments producing valuable goods and services that are essential for human well-being. System of Environmental Economics Accounting (SEEA) Experimental Ecosystem Accounting (EEA) enlightens the relationship between ecosystem function, human dependency, and economics. Economic valuation of ecosystem goods and services that contribute to welfare economics shall create awareness about the environmental benefits, and motivate public participation in their conservation, human well-being, equity, and sustainable management. The SEEA-EEA framework supports continuous monitoring of ecosystem conditions, changes, and supply of goods and services, which supports decision-making on sustainable management of the natural environment and National Natural Resource Accounting. Six coastal ecosystems and habitats such as mangroves, salt marshes, sand dunes, mudflats, corals, and Nesting Grounds of Birds (NGB) are distributed in the coastal stretches of Karnataka State of India. Application SEEA-EEA framework results in monetary benefits from the 6 coastal ecosystems of Karnataka has been estimated for USD 1,64,12,630 /yr.
Costanza R, Farber S. Introduction to the special issue on the dynamics and value of ecosystem services: integrating economic and ecological perspectives. Ecol. Econ. 2002;41:367-373.
CSIR-NEERI. Environmental Impact Assessment Studies for Development of Sea Port at Tadadi, Karwar, Karnataka. CSIR-National Environmental Engineering Research Institute, 2014, p45(E-8).
Daily GC. Valuing and Safeguarding Earth’s Life Support Systems. Island Press, Washington, DC, 1997, 365–374.
Haines-Young R, Potschin MB. Common International Classification of Ecosystem Services (CICES) V5.1 and Guidance on the Application of the Revised Structure, 2018, 1-55.
SAC. National Wetland Atlas: Wetlands of International Importance Under Ramsar Convention. Chandrika Corporation, Ahmedabad, India, 2011, p53.
SEEA - CF. System of Environmental-Economic Accounting 2014 - Central Framework. United Nations Document symbol: ST/ESA/STAT/Ser.F/109, 2014. ISBN: 987-92-1-161563-0.
SEEA EEA. System of Environmental-Economic Accounting 2012 - Experimental Ecosystem Accounting. United Nations Document symbol: ST/ESA/STAT/Ser.F/112, 2014, p1-198.
SNA. System of National Accounts 2008. United Nations, New York, 2009.
How to Cite
This work is licensed under a Creative Commons Attribution 4.0 International License.