Mdia p3-05-tvd-land-150420

1. MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-p3-05-LAND-150613.odp Peter Burgess (c) All rights reserved
MDIA
LAND

2. MULTI DIMENSION IMPACT ACCOUNTING
WORK-IN-PROGRESS.
SLIDESET STILL IN DEVELOPMENT.
UPDATES WILL BE POSTED OVER
THE NEXT SEVERAL WEEKS

3. LAND has been central to the idea
of wealth and power for ever.
MULTI DIMENSION IMPACT ACCOUNTING

4. Law about LAND has been crafted
to make statutory ownership more
important than any system of
traditional ownership.
MULTI DIMENSION IMPACT ACCOUNTING

5. The money value of land is based
on the money profit earning
potential of the land.
MULTI DIMENSION IMPACT ACCOUNTING

6. This value ignores the important
ecosystem services provided by
natural land use.
No metrics … no value!
MULTI DIMENSION IMPACT ACCOUNTING

7. Tropical rain forests have little
money value as is, but provide
incredibly important ecosystem
services.
● Carbon sequestration
● Habitat (biodiversity fauna and flora)
MULTI DIMENSION IMPACT ACCOUNTING

8. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
TROPICAL RAIN FOREST

9. To make money, degrade the rain
forest and ...
● Clearcut for mining; or
● Clearcut for palm oil plantations; or
● Exploit for old growth logging
MULTI DIMENSION IMPACT ACCOUNTING

10. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
MINING (in Peru)

11. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
CLEAR CUTTING FOR PALM OIL

12. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
OLD GROWTH LOGGING

13. Mangrove and wetlands are
essential to the good health and
survival of everything in the fish
and animal kingdoms.
MULTI DIMENSION IMPACT ACCOUNTING

14. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
MANGROVE

15. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
WETLANDS

16. In a money based world, land fill
for urban trash is a preferred use
for (money valueless) wetlands …
MULTI DIMENSION IMPACT ACCOUNTING

17. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
Meadowlands wetlands being used for landfill

18. Or warehouses …
MULTI DIMENSION IMPACT ACCOUNTING

19. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
LAND USE
Meadowlands wetlands being used for warehouses

20. Or a sports arena …
MULTI DIMENSION IMPACT ACCOUNTING

21. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
LAND USE
Meadowlands wetlands being used for sports arena

22. Or a shopping mall …
MULTI DIMENSION IMPACT ACCOUNTING

23. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
LAND USE
Meadowlands wetlands being used for shopping mall

24. … and of course urban housing
like this is an efficient land use.
Certainly in terms of money but
also likely in terms of people.
MULTI DIMENSION IMPACT ACCOUNTING

25. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
URBAN HIGHRISE

26. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
SUBURBAN HOUSING

27. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
SUBURBAN TRACT DEVELOPMENT

28. … but maybe not for single family
McMansions …
MULTI DIMENSION IMPACT ACCOUNTING

29. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
MCMANSIONS

30. The money value of mountains is
low … the ecosystem service
value is low … maybe it is only the
recreational dimension that gives
them any value at all!
MULTI DIMENSION IMPACT ACCOUNTING

31. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
MOUNTAINS

32. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
MOUNTAINS

33. Deserts are also low in both
money value and ecosystem
service value …
MULTI DIMENSION IMPACT ACCOUNTING

34. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
DESERTS

35. … unless, of course, there are oil
resources under the sand …
MULTI DIMENSION IMPACT ACCOUNTING

36. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
LAND USE
Meadowlands wetlands being used for shopping mall

37. Savanna … a mix of trees and
grasses … is not an optimum for
money profit use of land …
MULTI DIMENSION IMPACT ACCOUNTING

38. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
SAVANNA

39. Prairie is much better …
Monoculture with heavy use of fertilizer,
pesticides, herbicides and highly
mechanized and energy intensive ...
MULTI DIMENSION IMPACT ACCOUNTING

40. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
PRAIRIE

41. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
PRAIRIE

42. A parking lot has money value
associated with convenience
and economic use.
… but a parking lot degrades
natural storm water control.
MULTI DIMENSION IMPACT ACCOUNTING

43. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
PARKING LOTS

44. A shopping mall and parking lots
have money value associated
with business use.
The development degrades
natural storm water control.
MULTI DIMENSION IMPACT ACCOUNTING

45. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
SHOPPING MALLS

46. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
LAND USE
AIRPORTS

47. The money value of land is
determined by the profit flows
that can be derived from using
the land for money profit
activities.
MULTI DIMENSION IMPACT ACCOUNTING

48. The environmental value of land
is determined by the ecosystem
services that are provided by the
land.
MULTI DIMENSION IMPACT ACCOUNTING

49. MULTI DIMENSION IMPACT ACCOUNTING
Sun
LAND USE
Sustainable agriculture
Water purification
Intensive monoculture
Coastal mangrove
Urban infrastructure
Roads, Parking Lots
There is a limited amount of land and there are multiple possible uses.
Land is a factor in improving human capital, producing goods and
services, and locating MBC. Money value is a metric for this.
Land is also a factor in providing very critical ecosystem services.
A metric for this is needed, reflecting the ecosystem service potential.
Money Value
Suburban sprawl
Housing
Tropical forest
Habitat
Industrial operations
Sun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
Medium
Zero
Medium
Zero
High
Medium
High
High
Zero
Zero
High
Medium
Medium
Low
High
Zero
Zero
Zero
Zero
High
High
Zero
Wetlands Zero High
Natural Value

50. Moving forward … Request
for collaboration
Money is part of a complex socio-enviro-economic
system. While it works … it does not work as well as it
should, nor as well as it could. The work of MDIA is to
enable this complex system to work better.
MDIA needs to be a team effort. Join in and help to
make the world a better place. Please get in touch.
Peter Burgess … peterbnyc@gmail.com
MULTI DIMENSION IMPACT ACCOUNTING