Ecosystem Services
Human well-being depends on natural capital and ecosystem services. Despite the incredible demand, many of these are under threat. If allowed to happen the complete loss of ecosystem services will lead to irreparable consequences for businesses, territories and their competitiveness.
Public concern about the disappearance of ecosystem services as a result of the activities of leaders and managers puts significant pressure on companies and territories, their reputations and the degree by which investors are attracted. Natural capital and ecosystem services are becoming critical for the economic success and sustainability of enterprises, regions, states.
Ecosystems provide three main types of services:
- Provisional services are the material benefits that people receive from ecosystems. For example, food, water, fiber, wood and fuel.
- Regulatory services are the benefits derived from the regulation of ecosystem processes: regulation of air quality and soil fertility, control of floods and diseases and the pollination of agricultural crops.
- Cultural services provide intangible benefits such as aesthetic inspiration, cultural identity and spiritual well-being.
The underestimation of natural capital and ecosystem services is still a major economic problem. To solve these issues we need qualitatively new tools for studying, managing and using the development of ecosystem services.
Assessment of Ecosystem Services
Information about the state and value of ecosystem services is an important factor to be considered when deciding on development strategies. Both the current state and conditions and the forecast are taken into account.
Benefits of evaluating ecosystem services
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For Business
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For Territories
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Maintaining and strengthening market positions
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Creation of new types of goods and business opportunities
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Formation of competitive advantages
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Maintaining a stable and controlled working environment
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Reducing the risk of abrupt social and environmental changes
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Making more balanced strategic decisions at all levels of management
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Increasing profitability and sustainable development of territories
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Perfecting the information and analytical base of natural resource management
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Increasing the efficiency of using natural capital
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Identifying socially dangerous outcomes for economic development
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Ecosystem Services in Business
For more than 20 years, NTC Resources and Consulting has been helping companies to effectively manage business processes taking into account ecosystem services: we measure and assess the impact of companies on ecosystem services and integrate this data into management and operational processes.
Our experts help answer the most difficult questions:
- What ecosystem resources and services does your business directly or indirectly depend on?
- What actions need to be taken in the short to medium term to address critical ecosystem services challenges?
- How to formulate programs and plans to minimize impact on ecosystems and/or maintain and enhance ecosystem services?
Nature and Economic Accounting System
To carry out an assessment of ecosystem services, we use the methodology of the System of Nature and Economic Accounting (SEEA), developed by the United Nations. SEEA is an international statistical standard used all over the world. Economic assessments of natural resources based on the SEEA methodology reflect the profitability of the use of natural resources, the forecast of their depletion and degradation, and the impact of these processes on the sustainability of the development of the territory.
As a result of the application of the SEEA, the executive authorities and local self-government bodies have the opportunity to:
- Increase the efficiency of nature management (including the identification of potential zones of quantitative and qualitative depletion of natural resources);
- Develop a strategy for sustainable socio-economic development of territories;
- Harmonize natural resource interactions between urban and surrounding rural areas;
- Identify strategic directions for public and private investment;
- Identify and evaluate the investment attractiveness of the use of natural resources.
You can independently familiarize yourself with the experience of NTC Resources and Consulting specialists at the following link:
Cases «Evaluation of ecosystem services is an important factor in the effectiveness of climate forest projects».
Fee for of Our Services
The fees for the services that we perform are calculated individually for each specific customer, depending on the scope of their work, their production characteristics, technical aspects of their operations and more.
Contact us to assess ecosystem services and ensure your sustainability and economic success.
Phone: +7 (4852) 75-19-83
E-mail: info@ntc-rik.ru
Our Certifications
Our organization's activities are certified by the International Association of Certification Bodies IQNet for quality management systems (ISO 9001: 2015) and environmental management (ISO 14001: 2015).
Learn more about ecosystem services in our articles:
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