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Turks and Caicos Natural Capital Accounting Report, Annex & calculations 2018

Freshwater Marine Terrestrial Overseas Territories Environmental accounting Fisheries Natural capital Natural resource accounting Turks and Caicos Islands

Abstract

Report on the initial phase of work that builds up a preliminary set of national natural capital accounts for the TCI, and establishes the processes by which natural capital accounting can develop in TCI. The initial accounts are developed as a starting point from which to set up the structure that future iterations will build upon. They offer an indication as to the scale of value (see the summary table below). More robust data input to the process and further development of the methodological approach will enhance future iterations of the account. Key limitations in the current set of accounts primarily stem from issues around the availability and quality of data. Annex to update the Natural Capital accounts report for Turks & Caicos islands. Provison, regulating & cultural ecosystem services. This document sets out the updates made to the 2018 natural capital account. It builds upon data and methods used in the initial natural capital account for TCI produced in 2018 for data year 2017 (eftec and JNCC, 2018). The update applies 2018 data where available and adopts some of the recommendations made in the report in regard to incorporating additional benefits, and changing valuation approaches.

Resource type Publication

Topic category Economy

Reference date 2018·11·01

Citation
Economics for the Environment Consultancy Ltd (eftec). 2018. Turks and Caicos Islands Natural Capital Accounting – Initial Review

Lineage
Refer to report

Responsible organisation
Communications, JNCC distributor

Limitations on public access Open Access

Use constraints Open, cite source of data

Metadata date 2019·08·29

Metadata point of contact
Communications, JNCC

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