Atkinson, G., & Ovando, P. (2021). Distributional Issues in Natural Capital Accounting: An Application to Land Ownership and Ecosystem Services in Scotland. Environmental and Resource Economics
Abstract. Accounting for ecosystems is increasingly central to natural capital accounting. What is missing from this, however, is an answer to questions about how natural capital is distributed. That is, who consumes ecosystem services and who owns or manages the underlying asset(s) that give rise to ecosystem services. In this paper, we examine the significance of the ownership of land on which ecosystem assets (or ecosystem types) is located in the context of natural capital accounting.