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Natural resource accounting is an systematic process of analysing and formulating the natural resource depletion. In other words it is an accounting for Natural Resources similar to profit and loss i.e. harmful effect to the environment and natural resources versus the steps taken or benefits prevented from the human efforts to the environment. Hence, human uses the natural resources and that is why is accountable for the sustainable development of the environment.

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Q: What is environmental and natural resource accounting?
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