Missing capitals – How ONS measures the value of our environment
Traditional methods of measuring the economy tend to exclude the value of some of our most important assets. At the Office for National Statistics we have been working to develop measures of these so-called ‘missing capitals’. Top of that list is the thing that sustains all activity on our planet; the natural environment. Dr Adam Dutton explains how the ONS is part of a growing international movement that is seeking to find the economic value of our “Natural Capital”.
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