Ecosystem accounting to value ecosystem assets and services provided by agroforestry

Publication date: 31-05-2025
Extent: 30 pages

Contributions by: Anthony P. O’Grady, Stephen B. Stewart, Aysha Fleming, Chris Ware, Daniel S. Mendham, CSIRO Environment, Australia; Sorada Tapsuwan, CSIRO Environment and Swinburne University of Technology, Australia; Tim Capon, Suzanne M. Prober, and Karel Mokany, CSIRO Environment, Australia; Sue Ogilvy, Integrated Futures Pty Ltd, Australia; Martin Moroni, Forestry Tasmania, Australia; Jacqueline R. England, CSIRO Environment, Australia; Shaun T. Brooks and Thomas P. Baker, University of Tasmania, Australia

Chapter synopsis:

In chapter the authors explore the opportunity that natural capital accounting provides to address this challenge. Natural capital accounting recognises agroforestry systems as assets and provides a pathway to the quantification and valuation of the benefits associated with agroforestry. This chapter demonstrates the application of natural capital accounting to the quantification and valuation of the ecosystem services associated with agroforestry systems of temperate agricultural enterprises. The authors show how existing accounting practices can be extended to include the farms natural capital, enabling a better understanding the of the contributions of nature to the farms production system.

DOI: 10.19103/AS.2024.0141.07