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[References: p. 415-416 (48 tit.)]

The paper considers natural capitalaccounting and valuation as crucial factors for managementdecision-making, which is aimed at economic diversificationand sustainable development and ensures efficient exploration,consumption, and replenishment of natural resources. TomskOblast serves as an example for implementing natural capitaland ecosystem service valuation into management decisionmaking. The authors have determined the possibility and estimatedreadiness of local authorities to account economic benefits andlosses in ecosystem management. The materials used in thestudy are data of Russian state statistics, strategic plans andregulations of Tomsk Oblast, the departmental information,and the outcomes of previous research on the natural capitalvaluation in Tomsk Oblast. The authors give reasons forinstitutional changes necessary to account and valuate allfunctions of the natural capital and ecosystem when makingmanagement decisions. This means that there should be asystem of economic value monitoring for natural resourcemanagement, which implies economic-ecological accountingand is represented as a complex of integrated statistical factorsgiving natural capital information. The authors also suggest themechanism to design information and methodological basis fornatural capital economic valuation. The new information basisintegrated into the regional government system will providedata on costs and benefits in natural resource management andensure interaction between the authorities, municipalorganizations, companies, and public.