Exploration of Value Accounting of Climate Ecological Products under GEP Framework: A Case Study of Fengjie County in Chongqing
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Abstract:
Accounting for the value of climate ecological products based on climate resources is an important branch of the accounting system of gross ecosystem product (GEP), which is of great scientific value in solving the bottleneck of the system of "difficult to measure and difficult to mortgage" of climate resources. It is of key scientific significance in promoting the asset-based management of climate resources and realizing the value of ecological products. In this study, Fengjie County in Chongqing Municipality, is used as a case study to explore the construction of a gross climate ecosystem product (GEPC) accounting system from the perspective of the contribution of climate to ecological products. Utilizing meteorological, ecological environment and socio-economic data, we established an accounting framework of 12 specific indexes containing the three major functions of climate supply products, climate regulation services, and climate cultural services, and systematically assessed the value of climate ecosystem products in Fengjie County, Chongqing Municipality, from 2019 to 2023. The results show that the annual mean value of GEPC in Fengjie County in 2019–2023 is 17.17 billion yuan, accounting for 48% of GDP; the structural characteristics are dominated by "climate regulation" (57.0% of the value of climate regulation services > 38.5% of the value of climate supply products >4.4% of the value of climate cultural services). The GEPC fluctuates from 13.92 billion yuan to 20.95 billion yuan between years, with the peak year (2023) being 1.5 times the lowest years (2019). The ratio of GEPC to GDP in Fengjie County ranges from 0.36 to 0.56 (mean value 0.48) in 2019–2023, with reference to the Green Gold Index, which reflects to some extent the dynamic coupling of the transformation of the value of climatic resources and the level of economic development. Fengjie County has a per capita GEPC of about 16 000 yuan·person-1 and a unit area GEPC of about 0.04 billion yuan·km-2, which is a big gap with Anji County in eastern Zhejiang Province. This study is a typical case of accounting for the value of climate eco-products under the model of “climate factor-service function-economic value” developed under the framework of GEP, which can provide an important reference for accounting for the value of climate eco-products in other regions of the country, and also provide important decision support for the development of climate investment and financing, and the development of industries related to climate eco-products. It can also provide important decision-making support in the fields of climate investment and financing, and the development of industries related to climate ecological products.