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Natural Capital Considerations for an Extension of the U.S. Marine Economy Satellite Account Jeffrey Wielgus 1, Monica Grasso1, Charles Colgan2, Jennifer Zhuang1, Sarah Siegel1, Joseph Conran1, Tadesse
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Natural capital considerations are used to assess and value the natural resources and ecosystems that contribute to economic activities and social well-being.
Entities that are part of the regulatory framework for environmental accountability, such as certain businesses and organizations, are required to file natural capital considerations.
To fill out natural capital considerations, companies must gather relevant data on their natural resources, assess the impacts on those resources, and report on findings according to the specified guidelines.
The purpose of natural capital considerations is to promote sustainable management of resources by providing transparency about the economic value of natural assets and their role in business operations.
Information to be reported includes the valuation of natural assets, the impact of business activities on the environment, and strategies for minimizing ecological footprints.
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