Abstract
Many valuable economic benefits from nature have traditionally been overlooked in both national accounts and government policy. To remedy this, countries are adopting the new United Nations System of Environmental-Economic Accounting framework for valuing ecosystem services, but inclusion of key hydrological services has so far been limited. Here we develop ecosystem service flow accounts linked to a natural capital assessment in Colombia’s Sinú Basin to value ecosystems’ contributions to water and energy security. Using integrated biophysical and economic models parameterized with local data, we find ecosystems deliver sediment retention benefits to the energy and water sectors equivalent to 1.7% of the region’s gross domestic product. A planned expansion of the region’s aqueduct system would further increase these services’ value by 12%. Our findings are informing development planning and policy within Colombia and provide lessons for the many other countries adopting natural capital accounting to support their sustainable development goals.
| Original language | English |
|---|---|
| Article number | 309 |
| Number of pages | 11 |
| Journal | Communications Earth and Environment |
| Volume | 6 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 21 Apr 2025 |
Bibliographical note
Publisher Copyright:© The Author(s) 2025.
Funding
We thank Diego Cobaleda and Jenny Rosado from DANE for valuable suggestions and feedback through the process, Carolina Diaz Giraldo for her support from DNP, representatives from local water utilities who shared information on sedimentation thresholds and costs, and Talia Trepte for help designing Fig. 1. Santiago Aparicio was key to initiating the collaboration between DNP and the Natural Capital Project. We thank colleagues at the Natural Capital Project, the Inter-American Development Bank, DNP, and DANE for valuable conversations throughout the duration of the project. We thank Mary Ruckelshaus and Gretchen Daily for contributing to funding acquisition. This work was supported with funding from the Gordon and Betty Moore Foundation under agreements #8806, #11,340, and #13,153. The work does not represent the views of any of our institutions, including the Colombian government.
| Funders | Funder number |
|---|---|
| Gordon and Betty Moore Foundation (Gordon E. and Betty I. Moore Foundation) | |
| Natural Capital Project | |
| Inter-American Development Bank | |
| Mary Ruckelshaus and Gretchen Daily | 8806, 11,340, 13,153 |
| Gordon and Betty Moore Foundation | |
| Colombian government |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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