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 including Australian work and links to accounting for poverty and the environment

SDGs in Asia and the Pacific

The Asian Development Bank has arranged a two day workshop in Bangkok to help policymakers in the Asia and Pacific region understand how to better integrate environmental dimensions of the Sustainable Development Goals (SDGs 12,14 and 15) into development policies, plans and programs.

IDEEA Group’s Mark Eigenraam has been invited to give the the Innovative Tools Pitch on SEEA in the session devoted to Innovative Tools and Approaches.

The Walkabout session will provide an opportunity for workshop attendees to learn more about the value of SEEA and how IDEEA Group can help to support its implementation.

Linking Alliance for Water Stewardship (AWS) and the SEEA

Around the world there are tremendous challenges surrounding the use and management of water resources. The Alliance for Water Stewardship (AWS) was established in 2008 to promote the stewardship of water resources, and in 2014 they released the first International Water Stewardship Standard. It is premised on the idea that improved management of water resources must be context driven, i.e. considering site (farm) and catchment level issues and solutions.

In the wake of the advancements in the development of the System of Environmental-Economic Accounting (SEEA), AWS saw an opportunity to use an internationally comparable measurement approach as the basis for measurement and transparency in the implementation of the AWS Standard. To this end, AWS engaged IDEEA Group to describe the potential ways in which the SEEA could be applied in the six steps of the AWS Standard.

This introductory report outlines a variety of ways in which the SEEA could support implementation including; ensuring coherence of data across scales and enabling site; catchment and administrative level narratives can be aligned; and providing a common language for the communication and framing of management responses and outcomes. The report identifies seven key benefits from linking the AWS Standard and the SEEA and recommends undertaking case studies to demonstrate the potential opportunities for firms, catchment managers, industry and sector leaders.

Access the report here

 

 

Natural Capital Protocol – System of Environmental Economic Accounting Toolkit

This draft Toolkit which examines the links between the Natural Capital Protocol (NCP) and the System of Environmental-Economic Accounting (SEEA) is intended to form the basis for a discussion about the ways in which these two tools for natural capital accounting (NCA) might be combined to further support advances in this important area of work. The Toolkit focuses specifically on placing the accounting framework and approach of the SEEA within the broader natural capital assessment process articulated in the NCP.

The Toolkit was a discussion paper for a workshop titled “Combining forces on Natural Capital” held in London on 31 August, 2017. The workshop was supported by the Natural Capital Coalition, Institute of Chartered Accountants in England and Wales and IDEEA Group.

Access the report here

 

 

World first species diversity accounts for Uganda

In many countries economic development threatens biodiversity. At the same time, biodiversity and the associated natural capital can provide significant opportunities for development such as through expanded wildlife based tourism and sustainable harvesting of natural products.

IDEEA Group has worked with Ugandan Government departments and the UNEP World Centre for Monitoring Conservation to create a clear and credible evidence base to understand the extent of human and economic impact on species biodiversity in Uganda. This is a world-first application of the System of Environmental-Economic Accounting – Experimental Ecosystem Accounting (SEEA-EEA) framework to compile species accounts at the national level.

The report provides significant insights into the state and trends in ecosystems and biodiversity for Uganda that will be used to assess national progress towards the objectives of Uganda’s National Development Plan (NDP II), its National Biodiversity Strategy Action Plan (NBSAP II), and various international commitments (e.g. Aichi targets and SDGs). At a program and sector level, the report identifies cost-effective actions that can help to re-establish and sustain valuable natural capital assets in ways that support positive social development outcomes.

Access the report here

 

 

Forest Industry (Forico) leading the way in ecosystem accounting

Last week global forestry giant New Forest published their fifth annual Sustainability Report. It features work done by IDEEA Group with New Forest subsidiary Forico to account for the stocks and changes in ecosystem assets and to quantify and value the flow of ecosystem services provided by these assets (see p 21).

While this is probably a world first in the forestry sector, it is certainly a sign of things to come. We encourage you to check out the report and share it with others to show how ecosystem services accounting is fast becoming mainstream best practice for primary producers and other environmental asset managers.

 

Ecosystem Accounting consultation – have your say!

IDEEA Group’s principals have been instrumental as consultants to the UNSD in preparing a Consultation Draft of SEEA Experimental Ecosystem Accounting : Technical Recommendations. These provide the latest thinking on how to implement Ecosystem Accounting, and are open to all to offer comments or suggestions via a Peer Review Comment Form. The background and aims of this process are explained in this cover note. With the 28th April deadline for comments fast approaching, IDEEA Group urges everyone interested in the practical application of Ecosystem Accounting to review the document and provide your comments. As a primary author, IDEEA Group’s Carl Obst will lead the effort to integrate yourcomments into the next iteration of SEEA Ecosystem Accounting guidelines.

How can we reduce poverty while protecting the environment?

It’s long been understood that extreme poverty and environmental degradation are interrelated problems. SEEA now provides a framework for international agencies, INGOs and governments in developing countries to better understand and address this poverty-environment nexus.

Spatially integrating social, economic and environmental data enables better coordinated and geographically targeted policies and initiatives to reduce poverty and restore ecosystem health.

IDEEA Groups’ Mark Eigenraam talks about this opportunity following his presentation on the  Poverty and Environment Accounting Framework (PEAF) at UNESCAP’s Sub-Regional Workshop on Environmental Statistics for ASEAN Countries .