Entries by Mark Eigenraam

The OECD calls for improved Environmental-Economic Accounting in Australia

The OECD have called for advancements to be made in environmental monitoring and evaluation in Australia. In the third Environmental Performance Review of Australia, the OECD provides 50 recommendations to help Australia better manage its environment. The recommendations relate to climate change, waste, water, biodiversity and chemical management, environmental governance and management, and green growth. The […]

December 2018 Newsletter

Welcome to our IDEEA Group Newsletter December 2018. In this edition you will find links to: recent work on environmental-economic accounting for the forestry sector updates on Combining Forces – joining public and private sector efforts to tackle natural capital depletion and degradation recent advances in the application of water ecosystem accounting publications, recommended reading and information on event […]

Reflections on Natural Capital Week 2018

With another year coming to an end, leading organisations across the private and public sectors interested in Natural Capital Accounting (NCA) convened in Paris to share and collaborate in preparation for 2019. IDEEA Group Directors Mark Eigenraam and Carl Obst were in attendance. Carl Obst co-hosted the Combining Forces workshop with Mark Gough, Natural Capital […]

Supporting the business case – why members of the Alliance for Water Stewardship should adopt the SEEA as a measurement and evaluation tool

A strong, robust evidence base that is easily shared and communicated between stakeholders is critical to support the objectives of the Alliance for Water Stewardship (AWS). Communicating the impacts of AWS certification to public sector agencies, green investors and philanthropists has the potential to generate benefits to implementers that will enhance the business case for […]

Combining Forces: efforts to prevent the degradation and depletion of natural capital must be consolidated, life on Earth necessitates it.

Numerous efforts and initiatives to advance and develop natural capital thinking have emerged over the past 10 years. The approaches vary across disciplines and the private and public sectors resulting in a cluttered and confusing landscape. Are they competing, are they useful, are they the same? Can they be streamlined to maximise our collective efforts? […]

Out with the old and in with the new – extending the production boundary of GDP to account for ecosystem services

It is widely understood that GDP, as a measure of economic activity, fails to recognise the depletion or degradation of natural capital. A key feature of national accounting (which underpins GDP) is the recording of transactions between economic units, households, business and government. However, it does not recognise transactions between economic units and the environment. […]

Accounting for ecosystem services in the forest sector – Forico, Tasmania

Since 2016, Forico and IDEEA Group have worked together to apply the United Nations System of Environmental-Economic Accounting (SEEA) in the Forico Estate. Phase 1 of the work program explored the feasibility of applying the SEEA framework to the Forico estate, while Phase 2 put the concepts developed during Phase 1 into practice. It is […]

Combining Forces – Natural Capital Coalition

Natural capital has both private and public dimensions that are reflected in different perceptions, management and decision-making approaches. These differences often lead to overuse and poor management of natural capital – often referred to as the tragedy of the commons – at both global and local scales. A key feature of the differences between public […]

Asia and the Pacific Regional Expert Workshop on Ocean Accounts, Bangkok

Great to be a part of a foundational workshop kicking of the process to develop a System of Ocean Accounts 2025, complementing the current System of Environmental Economic Accounts (SEEA). There are three key areas of focus over the three days including ocean science, ocean statistics and ocean governance. Some useful examples have been shown […]