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Comments on Natural Capital Accounting

In August, the White House Office of Management and Budget published a request for information to help inform the development of government-wide natural capital accounts and standardized environmental-economic statistics. We joined a comment letter with five other organizations supporting this strategy of valuing the nation's capital stocks. The letter explained that management of the nation’s natural capital stocks is vital for our economy, and that comprehensive, consistent, and comparable information on natural capital stocks and flows will improve policy and decision-making. The letter also highlighted the strong theoretical and empirical foundations for valuing natural capital stocks.