IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/42574.html

System of Environmental-Economic Accounting

Author

Listed:
  • United Nations

Abstract

The recognition that economies are embedded within and dependent on nature is growing, with nature itself being seen as an asset to the economy. As the impacts of climate and biodiversity crises become more evident, policymakers are seeking robust measurements that integrate environmental and economic data, going beyond GDP. The System of Environmental-Economic Accounting (SEEA) supports this by measuring the interdependence of the economy and the environment. In March 2021, the United Nations Statistical Commission adopted the SEEA Ecosystem Accounting (SEEA EA) as an international standard for ecosystem accounting. This framework presents principles and recommendations for valuing ecosystem services and assets, reflecting environmental degradation in balance sheets as a cost to economic growth. SEEA EA will inform national policies and international initiatives, including the Sustainable Development Goals, the Kunming-Montreal Global Biodiversity Framework, and the United Nations Framework Convention on Climate Change, among others.

Suggested Citation

  • United Nations, 2024. "System of Environmental-Economic Accounting," World Bank Publications - Books, The World Bank Group, number 42574, April.
    • Handle: RePEc:wbk:wbpubs:42574
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstreams/96e70f07-ff99-4146-9a6a-2eda77de756e/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Martin L. Weitzman, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(1), pages 156-162.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. George Zittis & Christos Zoumides & Shiri Zemah-Shamir & Mirela Tase & Savvas Zotos & Nazli Demirel & Irene Christoforidi & Turgay Dindaroğlu & Tamer Albayrak & Cigdem Kaptan Ayhan & Mauro Fois & Para, 2025. "Insular ecosystem services in peril: a systematic review on the impacts of climate change and other drivers," Climatic Change, Springer, vol. 178(7), pages 1-28, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nicholas Oulton, 2022. "The Productivity-Welfare Linkage: A Decomposition," Discussion Papers 2205, Centre for Macroeconomics (CFM).
    2. Pezzey, John C. V., 2003. "Measuring technical progress in gross and net products," Economics Letters, Elsevier, vol. 78(2), pages 247-252, February.
    3. Toman, Michael & Pezzey, John C., 2002. "The Economics of Sustainability: A Review of Journal Articles," RFF Working Paper Series dp-02-03, Resources for the Future.
    4. Mardones, Cristian & del Rio, Ricardo, 2019. "Correction of Chilean GDP for natural capital depreciation and environmental degradation caused by copper mining," Resources Policy, Elsevier, vol. 60(C), pages 143-152.
    5. Lee Endress, 2013. "Sustainable Development and the Hawaii Clean Energy Initiative," Working Papers 2013-4, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    6. Kelly Chaston & Gregory Swinand & Frank Gollop & Richard Arnott, 1997. "A Welfare-Based Measure of Productivity Growth with Environmental Externalities," Boston College Working Papers in Economics 392., Boston College Department of Economics.
    7. Kirk Hamilton, 2003. "Sustaining Economic Welfare: Estimating Changes in Total and Per Capita Wealth," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 5(3), pages 419-436, September.
    8. Dasgupta, Partha, 2000. "Valuation and Evaluation: Measuring the Quality of Life and Evaluating Public Policy," RFF Working Paper Series dp-00-24, Resources for the Future.
    9. Figueroa B., Eugenio & Orihuela R., Carlos & Calfucura T., Enrique, 2010. "Green accounting and sustainability of the Peruvian metal mining sector," Resources Policy, Elsevier, vol. 35(3), pages 156-167, September.
    10. J. Steven Landefeld & Shaunda Villones, 2009. "National Time Accounting and National Economic Accounting," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 113-123, National Bureau of Economic Research, Inc.
    11. Barbier , Edward B., "undated". "From Limits to Growth to Planetary Boundaries: The Evolution of Economic Views on Natural Resource Scarcity," 2020 Conference (64th), February 12-14, 2020, Perth, Western Australia 305259, Australian Agricultural and Resource Economics Society.
    12. Adamowicz, Wiktor & Adamowicz, Wiktor, 2003. "Economic indicators of sustainable forest management: theory versus practice," Journal of Forest Economics, Elsevier, vol. 9(1), pages 27-40.
    13. Stavins, Robert & Hahn, Robert & Cavanagh, Sheila, 2001. "National Environmental Policy During the Clinton Years," RFF Working Paper Series dp-01-38, Resources for the Future.
    14. H. Spencer Banzhaf & James Boyd, 2012. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, MDPI, vol. 4(4), pages 1-32, March.
    15. Purnamita Dasgupta, 2008. "Measuring Sustainability with Macroeconomic Data for India," Working Papers id:1574, eSocialSciences.
    16. Edward B. Barbier, 2017. "Natural Capital and Wealth in the 21st Century," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(3), pages 391-405, June.
    17. Knapp, Keith C., 2006. "Recursive Sustainability: Intertemporal Efficiency and Equity," 2006 Annual meeting, July 23-26, Long Beach, CA 21472, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Nils Droste & Bartosz Bartkowski, 2018. "Ecosystem Service Valuation for National Accounting: A Reply to Obst, Hein and Edens (2016)," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(1), pages 205-215, September.
    19. Rubio, M. del Mar, 2004. "The capital gains from trade are not enough: evidence from the environmental accounts of Venezuela and Mexico," Journal of Environmental Economics and Management, Elsevier, vol. 48(3), pages 1175-1191, November.
    20. Martin L. Weitzman, 1999. "Pricing the Limits to Growth from Minerals Depletion," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(2), pages 691-706.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:42574. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.