Welcome to the course on Natural Capital Accounting (NCA) and Carbon Footprint Calculations. In today’s world, sustainability and environmental responsibility are becoming increasingly important topics across various sectors. Understanding the concepts of natural capital and carbon footprint is essential for individuals and organizations aiming to mitigate their environmental impact and contribute to a more sustainable future.

This course is designed to provide you with a comprehensive understanding of two key areas: natural capital accounting and carbon footprint calculations. Throughout this course, we will explore the principles, methodologies, and practical applications of these concepts, equipping you with the knowledge and skills needed to assess and manage environmental impacts effectively.

This course introduces the concept of carbon footprint, exploring the sources of greenhouse gas emissions, methods of measurement, and strategies for reduction. Students will gain an understanding of the importance of carbon footprint in the context of climate change and sustainability.

1.1 Aim

The course aims to introduce students to the fundamental concepts and practical applications of natural capital accounting and carbon footprint calculations

Learning objectives:

1.2 Objectives

Upon completion of the course, students should be able to:

  • Define natural capital and explain its importance in environmental economics.
  • Describe the principles and frameworks of natural capital accounting.
  • Apply methods for calculating carbon footprint.
  • Analyze the implications of natural capital accounting for sustainable decision-making.
  • To define and explain the concept of carbon footprint.
  • To identify sources of greenhouse gas emissions and their impact on the environment.
  • To explore methods and tools for measuring carbon footprint.
  • To analyze strategies for reducing carbon footprint and mitigating climate change.
  • To evaluate the role of individuals, organizations, and governments in managing carbon footprint.

1.3 Expected Learning Outcomes

  • Understand the concepts of Natural Capital.
  • Grasp the principles and methodologies of natural capital accounting.
  • Understand the concept of carbon footprint and its relevance to climate change mitigation
  • Identify the sources of greenhouse gas emissions and their contribution to carbon footprint.
  • Demonstrate proficiency in calculating carbon footprint using recognized methodologies and tools.
  • Comprehend various tools and techniques used for calculating carbon footprint.
  • Apply natural capital accounting frameworks to real-world scenarios.
  • Calculate carbon footprint for different entities.
  • Analyze and interpret results to inform sustainable decision-making.