Accounting for Forest Ecosystem Services in Karnataka

This paper is estimating the ecosystem accounting for five protected areas such as Biligiri Rangaswamy Temple Wildlife Sanctuary, Nagarahole National Park, Bannerghatta National Park, Bandipur National Park) in the Western Ghats region and Nandi Hills in Karnataka. The ecosystem accounting has been estimated at Rs 391.00736 billion for 2018-2019, based on the System of Environmental Economics Accounting Experimental Ecosystem Accounting. There are four main policy implications of the study : first, the linkages between the economic and environment with wide details of natural capital; second, regular updates regarding the production of renewable natural resources; third, support for a variety of applications of spatial and environmental planning; and fourth, ecosystem accounts provide detailed information on the material flow of ecosystem services and the economy.