The Natural Capital Accounting Benchmarking project (NCA), is a joint project between Accounting for Nature® Ltd and Landcare Farming to provide training in natural capital accounting methods and develop environmental baseline reports for producers.
Natural capital accounting provides standardised, quantifiable assessments of the physical state of environmental assets including agricultural soils, native vegetation and wildlife, rivers and marine ecosystems. These measures of environmental condition can be used to understand whether actions are improving or degrading natural capital, which may then guide investment in sustainable land and sea management through enabling natural resource managers, policy makers, investors and customers to link the condition of environmental assets with economic decision making.
Over two years, the NCA delivered 30 workshops to 320 participants (including farmers, graziers and landholders), training them in practical natural capital accounting methods and developing environmental baseline reports for producers and their properties, by using a common set of information such as the type and condition of native vegetation.
The Landcare Farming Program is a joint partnership between Landcare Australia and the National Landcare Network, funded by the Australian Government’s National Landcare Program to strengthen the connection between landcare and Australian agriculture.
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