Natural capital: analysis of importance to the economy
This research identifies sectors reliant on natural capital in Scotland and quantifies the economic value of these nature-dependent sectors at national and regional levels. The methodology values our economy's dependence on nature, estimating £40 billion economic output and 261,000 jobs supported.
Abbreviations & Acronyms
| Term | Explanation |
|---|---|
| CICES | Common International Classification of Ecosystem Services |
| ENCORE | Exploring Natural Capital Opportunities, Risks and Exposure database |
| GDP | Gross Domestic Product |
| GVA | Gross Value Added |
| I-O | Input-Output |
| NSET | National Strategy for Economic Transformation |
| ONS | Office for National Statistics |
| PM | Particulate Matter |
| SEEA EA | System of Environmental-Economic Accounting Ecosystem Accounting |
| SIC | Standard Industrial Classification |
| SNA | System of National Accounts |
| T&OL | Tourism and Outdoor Leisure |
| WEF | World Economic Forum |
Contact
Email: matylda.graczyk@gov.scot