Ecosystem accounting

UN Member States have agreed to a new statistical framework to better account for biodiversity and ecosystems in national economic planning and policy decision-making. The new system of environmental economic accounting, developed by the United Nations with support from the European Commission, goes beyond GDP to ensure that forests, wetlands and other ecosystems are recognised in economic reporting. Click here to access the UN site.

From eftec

Here is a one pager we prepared to summarise what’s in the SEEA EA
For more information on the UNSEEA EA  eftec has prepared a 1-page briefing. The System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA – EA) marks a major step forward that goes beyond the commonly used statistic of gross domestic product (GDP) that has dominated economic reporting since the end of World War II. This measure would ensure that natural capital—forests, wetlands and other ecosystems—are recognized in economic reporting. More detail of this can be found on our website here.