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

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  • Peter Bartelmus

Abstract

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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    1. Lomas, Pedro L. & Giampietro, Mario, 2017. "Environmental accounting for ecosystem conservation: Linking societal and ecosystem metabolisms," Ecological Modelling, Elsevier, vol. 346(C), pages 10-19.
    2. La Notte, Alessandra & Vallecillo, Sara & Marques, Alexandra & Maes, Joachim, 2019. "Beyond the economic boundaries to account for ecosystem services," Ecosystem Services, Elsevier, vol. 35(C), pages 116-129.
    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.
    5. Wentao Wang & Guoping Li & Andreas Kontoleon & Yiming Ma & Weishan Guo, 2024. "Natural resources balance sheets accounting: theoretical framework and practice in the Shaanxi province of China," Papers 2411.09869, arXiv.org.

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