A state-and-transition model framework to take stock of natural capital on farms

Frederick W. Rainsford, Matthew Appleby, Angela Hawdon, Alex Maisey, Rachel Lawrence, Imogen Semmler, Daniel O'Brien, Sue Ogilvy and James Q. Radford

Agricultural Systems, 2024, vol. 220, issue C

Abstract: Natural capital accounting is an emerging approach to help address the challenge of preventing further biodiversity loss while sustainably providing resources for a growing human population. It requires an effective and robust framework for quantifying natural capital on farms. State and transition models (STMs) have been used extensively to describe the range of observable condition states for an ecosystem and the processes that maintain states or drive shifts between them. Current STM frameworks have limited capacity for use in modified landscapes and therefore are currently unsuitable for many applications of natural capital accounting.

Keywords: Ecosystem accounts; Eucalyptus woodlands; Farmland conservation; Grassy woodlands; Natural capital accounting; Agroecology (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:agisys:v:220:y:2024:i:c:s0308521x24002543

DOI: 10.1016/j.agsy.2024.104104

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