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Environmental–Economic Accounting: Progress and Digression in the SEEA Revisions

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  • Peter Bartelmus

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type="main"> The 1992 Earth Summit and its message of sustainable development drove the launching of a System for integrated Environmental and Economic Accounting, the SEEA. Since then, sustainable development and the SEEA have given way to green growth and green economy indicators in the latest 2012 Summit. A lengthy revision process has now produced a curtailed “SEEA central framework.” The new framework focuses on expenditures for environmental protection and resource management, and stocks and flows of “economic” resources; both are covered by the conventional national accounts. Environmental degradation, notably from pollution, is left to “experimental” ecosystem accounts. Further revision of the SEEA should reverse this retrenchment from integrative environmental–economic accounting. A comprehensive satellite system, rather than a limited statistical standard, might put the SEEA back on the policy agenda.

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  • Peter Bartelmus, 2014. "Environmental–Economic Accounting: Progress and Digression in the SEEA Revisions," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 887-904, December.
    • Handle: RePEc:bla:revinw:v:60:y:2014:i:4:p:887-904
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    3. Capriolo, A. & Boschetto, R.G. & Mascolo, R.A. & Balbi, S. & Villa, F., 2020. "Biophysical and economic assessment of four ecosystem services for natural capital accounting in Italy," Ecosystem Services, Elsevier, vol. 46(C).
    4. Schmidt, Stefan & Seppelt, Ralf, 2018. "Information content of global ecosystem service databases and their suitability for decision advice," Ecosystem Services, Elsevier, vol. 32(PA), pages 22-40.

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