TLC believes measuring and assessing Natural Capital is an essential step in the valuation of local tourism assets, and a means to set the True Price of the biodiversity heritage of new and existing destinations that should be reflected in every visitors ticket.
From the doc attached – “Introducing natural capital into national accounting systems would be a critical step towards making inclusive wealth our measure of progress. Frameworks for natural capital accounting and assessment exist and are at different stages of development, and while significant problems of design and measurement remain, this should not deter governments and businesses from supporting and embracing them. Increased investment in physical accounts and valuation would improve the quality of natural capital accounts.

Final Report – The Economics of Biodiversity: The Dasgupta Review – GOV.UK (www.gov.uk)