The importance of natural capital to the Scottish economy: research

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

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