In this report, IVL Swedish Environmental Research Institute has mapped the current work on and use of ecosystem accounting in the Nordic countries. Specifically, the report provides an overview of the recent work on ecosystem accounting in each of the five Nordic countries including the Faroe Islands, illustrating advantages and disadvantages within the different countries regarding the use of existing ecosystem accounts, thus to which extent these accounts coincide with new international standards on ecosystem accounting. The report also provides an overview of the ongoing work on ecosystem accounting at an international level, including the development of international standards for ecosystem accounting. Finally, recommendations are presented for the Nordic countries on how to advance the development of ecosystem accounting.