Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps

The national accounts are the single most important source of information about the economy, and are widely used in all countries to assess economic performance and for policy analysis. However, the national accounts have a number of well-known sho...

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Main Author: World Bank
Format: Other Environmental Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
AIR
CO
CO2
GDP
GHG
NH3
NO2
NOX
O3
SO2
WTA
WTP
Online Access:http://documents.worldbank.org/curated/en/2010/12/17816932/environmental-valuation-greening-national-accounts-challenges-initial-practical-steps
http://hdl.handle.net/10986/16098
id okr-10986-16098
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADVERSE CONSEQUENCES
AGRICULTURE
AIR
AIR POLLUTANTS
AIR POLLUTION
AIR QUALITY
AIR QUALITY MANAGEMENT
AMBIENT CONCENTRATIONS
AMMONIA
ANXIETY
ASSET VALUATION
ASSET VALUE
ASSETS
ATMOSPHERE
BIOMASS
CANCER
CARBON
CARBON DIOXIDE
CARBON ENERGY
CARBON MONOXIDE
CARBON SEQUESTRATION
CLEAN AIR
CLIMATE
CLIMATE CHANGE
CO
CO2
COLORS
CONSUMER SURPLUS
CONSUMPTION EXPENDITURES
CONTINGENT VALUATION
COST OF CARBON
COST-BENEFIT
DAMAGES
DEMAND CURVE
DISCOUNT FACTOR
DISCOUNT RATE
DOSE-RESPONSE RELATIONSHIPS
DRINKING WATER
DUST
ECOLOGICAL STATUS
ECOLOGICAL SYSTEMS
ECONOMIC ACTIVITY
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC VALUE
ECONOMIC WELFARE
ECONOMICS
ECOSYSTEM
EMISSION
EMISSIONS
EMISSIONS INVENTORIES
ENVIRONMENTAL
ENVIRONMENTAL ACCOUNTING
ENVIRONMENTAL ACCOUNTS
ENVIRONMENTAL AMENITIES
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL CHANGES
ENVIRONMENTAL DEGRADATION
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL ECONOMISTS
ENVIRONMENTAL GOODS
ENVIRONMENTAL HEALTH
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL IMPROVEMENT
ENVIRONMENTAL POLICIES
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
ENVIRONMENTAL RESOURCES
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUES
EROSION CONTROL
EXERCISES
EXPENDITURES
EXTERNALITIES
EXTREME EVENTS
FEASIBILITY
FISHERIES
FOOD PRODUCTION
FOREST
FOREST ECOSYSTEMS
FOREST PRODUCTS
FOREST TYPES
FORESTS
GDP
GHG
GHGS
GREEN ACCOUNTING
GREENHOUSE
GREENHOUSE GASES
HEADACHES
HEALTH CARE
HEALTH EFFECTS
HEALTH OUTCOMES
HEALTH PROBLEMS
HUMAN CAPITAL
HYDROCARBONS
IMMUNITY
INTERVENTION
INVENTORIES
INVENTORY
LAND USE
LIFE EXPECTANCY
LOWER RESPIRATORY SYMPTOMS
MARGINAL ABATEMENT
MARGINAL ABATEMENT COSTS
MARKET PRICES
MONETARY TERMS
MONETARY VALUE
MONETARY VALUES
MORBIDITY
MORTALITY
NATIONAL ACCOUNTING
NATIONAL ACCOUNTS
NATIONAL INCOME
NATURAL CAPITAL
NATURAL RESOURCES
NH3
NITRATE
NITRATE PARTICLES
NITROGEN
NITROGEN DIOXIDE
NITROGEN OXIDES
NO2
NON-USE VALUES
NORMAL GOOD
NOX
NUTRIENTS
O3
OPPORTUNITY COSTS
OZONE
PARTICLES
PARTICULATE
PARTICULATE MATTER
PASSIVE USE
PM10
POLICY ANALYSIS
POLICY DECISIONS
POLICY RELEVANCE
POLLUTION CONCENTRATIONS
POPULATION DENSITIES
PORTFOLIO
PRESENT VALUE
PRODUCERS
PRODUCTION FUNCTION
PRODUCTIVITY
PURCHASING POWER
RAINFALL
RELATIVE PRICE
REPLACEMENT COSTS
SCENARIOS
SHADOW PRICE
SHADOW PRICES
SINK
SO2
SOCIAL COST OF CARBON
STATISTICAL ANALYSIS
STORM PROTECTION
SUBSTITUTION
SULPHUR
SULPHUR DIOXIDE
TIMBER
TOTAL ECONOMIC VALUE
UNCERTAINTIES
USE VALUE
VOLATILE ORGANIC COMPOUNDS
WATER POLLUTION
WATER QUALITY
WEALTH
WETLANDS
WILLINGNESS TO ACCEPT
WILLINGNESS TO PAY
WIND
WORKERS
WTA
WTP
spellingShingle ADVERSE CONSEQUENCES
AGRICULTURE
AIR
AIR POLLUTANTS
AIR POLLUTION
AIR QUALITY
AIR QUALITY MANAGEMENT
AMBIENT CONCENTRATIONS
AMMONIA
ANXIETY
ASSET VALUATION
ASSET VALUE
ASSETS
ATMOSPHERE
BIOMASS
CANCER
CARBON
CARBON DIOXIDE
CARBON ENERGY
CARBON MONOXIDE
CARBON SEQUESTRATION
CLEAN AIR
CLIMATE
CLIMATE CHANGE
CO
CO2
COLORS
CONSUMER SURPLUS
CONSUMPTION EXPENDITURES
CONTINGENT VALUATION
COST OF CARBON
COST-BENEFIT
DAMAGES
DEMAND CURVE
DISCOUNT FACTOR
DISCOUNT RATE
DOSE-RESPONSE RELATIONSHIPS
DRINKING WATER
DUST
ECOLOGICAL STATUS
ECOLOGICAL SYSTEMS
ECONOMIC ACTIVITY
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC VALUE
ECONOMIC WELFARE
ECONOMICS
ECOSYSTEM
EMISSION
EMISSIONS
EMISSIONS INVENTORIES
ENVIRONMENTAL
ENVIRONMENTAL ACCOUNTING
ENVIRONMENTAL ACCOUNTS
ENVIRONMENTAL AMENITIES
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL CHANGES
ENVIRONMENTAL DEGRADATION
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL ECONOMISTS
ENVIRONMENTAL GOODS
ENVIRONMENTAL HEALTH
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL IMPROVEMENT
ENVIRONMENTAL POLICIES
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
ENVIRONMENTAL RESOURCES
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUES
EROSION CONTROL
EXERCISES
EXPENDITURES
EXTERNALITIES
EXTREME EVENTS
FEASIBILITY
FISHERIES
FOOD PRODUCTION
FOREST
FOREST ECOSYSTEMS
FOREST PRODUCTS
FOREST TYPES
FORESTS
GDP
GHG
GHGS
GREEN ACCOUNTING
GREENHOUSE
GREENHOUSE GASES
HEADACHES
HEALTH CARE
HEALTH EFFECTS
HEALTH OUTCOMES
HEALTH PROBLEMS
HUMAN CAPITAL
HYDROCARBONS
IMMUNITY
INTERVENTION
INVENTORIES
INVENTORY
LAND USE
LIFE EXPECTANCY
LOWER RESPIRATORY SYMPTOMS
MARGINAL ABATEMENT
MARGINAL ABATEMENT COSTS
MARKET PRICES
MONETARY TERMS
MONETARY VALUE
MONETARY VALUES
MORBIDITY
MORTALITY
NATIONAL ACCOUNTING
NATIONAL ACCOUNTS
NATIONAL INCOME
NATURAL CAPITAL
NATURAL RESOURCES
NH3
NITRATE
NITRATE PARTICLES
NITROGEN
NITROGEN DIOXIDE
NITROGEN OXIDES
NO2
NON-USE VALUES
NORMAL GOOD
NOX
NUTRIENTS
O3
OPPORTUNITY COSTS
OZONE
PARTICLES
PARTICULATE
PARTICULATE MATTER
PASSIVE USE
PM10
POLICY ANALYSIS
POLICY DECISIONS
POLICY RELEVANCE
POLLUTION CONCENTRATIONS
POPULATION DENSITIES
PORTFOLIO
PRESENT VALUE
PRODUCERS
PRODUCTION FUNCTION
PRODUCTIVITY
PURCHASING POWER
RAINFALL
RELATIVE PRICE
REPLACEMENT COSTS
SCENARIOS
SHADOW PRICE
SHADOW PRICES
SINK
SO2
SOCIAL COST OF CARBON
STATISTICAL ANALYSIS
STORM PROTECTION
SUBSTITUTION
SULPHUR
SULPHUR DIOXIDE
TIMBER
TOTAL ECONOMIC VALUE
UNCERTAINTIES
USE VALUE
VOLATILE ORGANIC COMPOUNDS
WATER POLLUTION
WATER QUALITY
WEALTH
WETLANDS
WILLINGNESS TO ACCEPT
WILLINGNESS TO PAY
WIND
WORKERS
WTA
WTP
World Bank
Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps
description The national accounts are the single most important source of information about the economy, and are widely used in all countries to assess economic performance and for policy analysis. However, the national accounts have a number of well-known shortcomings when it comes to treatment of the environment. For example, while the income from harvesting timber is recorded in national accounts, the simultaneous depletion of natural forest assets is not; perhaps more importantly, essential life-support services provided by forest ecosystems are not explicitly recognized at all. Environmental accounts 'greening the national accounts' have been developed to address the shortcomings of the national accounts, but valuation of environmental services has been controversial.The development of methods to value environmental goods and services continues to evolve apace. In an increasing number of countries, the practical uptake of these methods has accelerated in numerous areas of public policy that have environmental consequences. One policy related domain, however, where this uptake has been largely conspicuous by its absence is national accounting. In this paper, we hope to make the case that there is an opportunity to address this situation.
format Economic & Sector Work :: Other Environmental Study
author World Bank
author_facet World Bank
author_sort World Bank
title Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps
title_short Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps
title_full Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps
title_fullStr Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps
title_full_unstemmed Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps
title_sort environmental valuation and greening the national accounts : challenges and initial practical steps
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2010/12/17816932/environmental-valuation-greening-national-accounts-challenges-initial-practical-steps
http://hdl.handle.net/10986/16098
_version_ 1764431316620673024
spelling okr-10986-160982021-04-23T14:03:22Z Environmental Valuation and Greening the National Accounts : Challenges and Initial Practical Steps World Bank ADVERSE CONSEQUENCES AGRICULTURE AIR AIR POLLUTANTS AIR POLLUTION AIR QUALITY AIR QUALITY MANAGEMENT AMBIENT CONCENTRATIONS AMMONIA ANXIETY ASSET VALUATION ASSET VALUE ASSETS ATMOSPHERE BIOMASS CANCER CARBON CARBON DIOXIDE CARBON ENERGY CARBON MONOXIDE CARBON SEQUESTRATION CLEAN AIR CLIMATE CLIMATE CHANGE CO CO2 COLORS CONSUMER SURPLUS CONSUMPTION EXPENDITURES CONTINGENT VALUATION COST OF CARBON COST-BENEFIT DAMAGES DEMAND CURVE DISCOUNT FACTOR DISCOUNT RATE DOSE-RESPONSE RELATIONSHIPS DRINKING WATER DUST ECOLOGICAL STATUS ECOLOGICAL SYSTEMS ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC VALUE ECONOMIC WELFARE ECONOMICS ECOSYSTEM EMISSION EMISSIONS EMISSIONS INVENTORIES ENVIRONMENTAL ENVIRONMENTAL ACCOUNTING ENVIRONMENTAL ACCOUNTS ENVIRONMENTAL AMENITIES ENVIRONMENTAL BENEFITS ENVIRONMENTAL CHANGES ENVIRONMENTAL DEGRADATION ENVIRONMENTAL ECONOMICS ENVIRONMENTAL ECONOMISTS ENVIRONMENTAL GOODS ENVIRONMENTAL HEALTH ENVIRONMENTAL IMPACTS ENVIRONMENTAL IMPROVEMENT ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROTECTION ENVIRONMENTAL QUALITY ENVIRONMENTAL RESOURCES ENVIRONMENTAL VALUATION ENVIRONMENTAL VALUES EROSION CONTROL EXERCISES EXPENDITURES EXTERNALITIES EXTREME EVENTS FEASIBILITY FISHERIES FOOD PRODUCTION FOREST FOREST ECOSYSTEMS FOREST PRODUCTS FOREST TYPES FORESTS GDP GHG GHGS GREEN ACCOUNTING GREENHOUSE GREENHOUSE GASES HEADACHES HEALTH CARE HEALTH EFFECTS HEALTH OUTCOMES HEALTH PROBLEMS HUMAN CAPITAL HYDROCARBONS IMMUNITY INTERVENTION INVENTORIES INVENTORY LAND USE LIFE EXPECTANCY LOWER RESPIRATORY SYMPTOMS MARGINAL ABATEMENT MARGINAL ABATEMENT COSTS MARKET PRICES MONETARY TERMS MONETARY VALUE MONETARY VALUES MORBIDITY MORTALITY NATIONAL ACCOUNTING NATIONAL ACCOUNTS NATIONAL INCOME NATURAL CAPITAL NATURAL RESOURCES NH3 NITRATE NITRATE PARTICLES NITROGEN NITROGEN DIOXIDE NITROGEN OXIDES NO2 NON-USE VALUES NORMAL GOOD NOX NUTRIENTS O3 OPPORTUNITY COSTS OZONE PARTICLES PARTICULATE PARTICULATE MATTER PASSIVE USE PM10 POLICY ANALYSIS POLICY DECISIONS POLICY RELEVANCE POLLUTION CONCENTRATIONS POPULATION DENSITIES PORTFOLIO PRESENT VALUE PRODUCERS PRODUCTION FUNCTION PRODUCTIVITY PURCHASING POWER RAINFALL RELATIVE PRICE REPLACEMENT COSTS SCENARIOS SHADOW PRICE SHADOW PRICES SINK SO2 SOCIAL COST OF CARBON STATISTICAL ANALYSIS STORM PROTECTION SUBSTITUTION SULPHUR SULPHUR DIOXIDE TIMBER TOTAL ECONOMIC VALUE UNCERTAINTIES USE VALUE VOLATILE ORGANIC COMPOUNDS WATER POLLUTION WATER QUALITY WEALTH WETLANDS WILLINGNESS TO ACCEPT WILLINGNESS TO PAY WIND WORKERS WTA WTP The national accounts are the single most important source of information about the economy, and are widely used in all countries to assess economic performance and for policy analysis. However, the national accounts have a number of well-known shortcomings when it comes to treatment of the environment. For example, while the income from harvesting timber is recorded in national accounts, the simultaneous depletion of natural forest assets is not; perhaps more importantly, essential life-support services provided by forest ecosystems are not explicitly recognized at all. Environmental accounts 'greening the national accounts' have been developed to address the shortcomings of the national accounts, but valuation of environmental services has been controversial.The development of methods to value environmental goods and services continues to evolve apace. In an increasing number of countries, the practical uptake of these methods has accelerated in numerous areas of public policy that have environmental consequences. One policy related domain, however, where this uptake has been largely conspicuous by its absence is national accounting. In this paper, we hope to make the case that there is an opportunity to address this situation. 2013-10-07T16:36:32Z 2013-10-07T16:36:32Z 2010-12 http://documents.worldbank.org/curated/en/2010/12/17816932/environmental-valuation-greening-national-accounts-challenges-initial-practical-steps http://hdl.handle.net/10986/16098 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Environmental Study Economic & Sector Work