Environmental-Economic Assessment Framework Guidelines Final Version

This report is about a standardized framework for conducting environmental-economic
assessments of ecosystems and ecosystem services. The framework integrates the use of
Earth Observation (EO) data as inputs to compile ecosystem accounts. The report specifically
focuses on the System of Environmental Economic Accounting, as the leading methodology to
account for natural capital. The report provides a comprehensive overview of the progress made
in natural capital accounting, with a particular focus on the implementation of the SEEA EA
framework through the integration of EO data. It also highlights how countries, particularly those
within the European Union, have embraced these standards to support key policy initiatives,
such as the EU Green Deal and biodiversity conservation goals.