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The global ocean datasets listed in the Inventory are intended to support the development of accounts for the extent and condition of ecosystem assets and the quantity and quality of individual environmental assets. To enable integration of both types of assets into one set of ocean asset accounts, the GOAP Technical Guidance combines ecosystem and individual environmental assets in three physical asset account tables: physical asset extent accounts, physical asset condition accounts (using biophysical variables) and summary asset condition accounts (using condition indicators). These are the accounts tables that the Inventory and Guide aim to inform. The physical asset accounts tables are included in Annex II for reference. It should be noted that some ocean assets can also be presented in monetary accounts (see GOAP Technical Guidance section 2.3.5). However, the current version of the Inventory and this Guide focus only on physical asset accounts.
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[6] SEEA Ecosystem Accounting defines ‘ecosystem assets’ as “contiguous spaces of a specific ecosystem type characterized by a distinct set of biotic and abiotic components and their interactions” (SEEA EA 2021, p. 354).
[7] SEEA Central Framework defines ‘individual environmental assets’ as “those environmental assets that may provide resources for use in economic activity. They comprise mineral and energy resources, land, soil resources, timber resources, aquatic resources, other biological resources and water resources.” (SEEA CF 2014, p. 316). https://seea.un.org/content/seea-central-framework
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