New report slaps an official price tag on Australia’s precious natural assets

Sun, 2 Mar 2025 11:01:51 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/new-report-slaps-an-official-price-tag-on-australias-precious-natural-assets-250623>

"Climate regulation through carbon storage was worth A$43.2 billion to
Australia in 2020-21, according to a report released today which seeks to put a
monetary value on the benefits flowing from our natural assets.

Australia’s first national ecosystem accounts were released by the Australian
Bureau of Statistics on Thursday. Together, they reveal the key ways our
environment contributes to Australia’s economic and social wellbeing in dollar
terms.

Ecosystems covered by the accounts include desert, grasslands, native forests,
rivers, streams, coastal areas and oceans.

The accounts provide a holistic view of Australia’s land, freshwater and marine
environments. They intend to help policymakers look beyond GDP to a broader
measurement of how ecosystems contribute to society and the economy."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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