The SEEA revision Key issues and outcomes Mark de Haan Content presentation 1. SEEA main building blocks 2. Revision issues 3. Implementation SEEA revision - key issues and outcomes 1 1. Revised SEEA 1. Standardised accounts • • • Physical flow accounts Monetary accounts (e.g. EPEA,EGSS, Taxes) Asset accounts (physical and monetary) 2. Experimental ecosystem accounts 3. Applications and policy uses SEEA revision - key issues and outcomes 2 Physical flow accounts (Chapter 3) • (extended) Supply-use tables in physical units • Supply-use identity • Input-output identity • Materials (kg), Energy (j) and Water (m3) • Coverage of flows • Natural inputs • Product flows • Residuals (waste, emissions to air and water) SEEA revision - key issues and outcomes 3 Monetary accounts (Chapter 4) • Environmental protection expenditures • Environmental goods and services sector • Other environmentally related transactions • • • • • Taxes Subsidies (and similar transfers) Permits to use environmental assets Tradable emission permits Assets related transactions, terminal and remedial costs SEEA revision - key issues and outcomes 4 Asset accounts (Chapter 5) • Coverage of assets: • • • • • • • Mineral and energy resources Land Soil resources Timber resources Aquatic resources Other biological resources Water resources • Broader scope in physical terms (provide or could provide benefits) • SEEA follows SNA boundary for monetary asset accounts • Accounting for depletion of renewable and non-renewable resources SEEA revision - key issues and outcomes 5 Asset accounts (Chapter 5) Structure physical asset accounts Mineral & energy resources Opening stock of resources Yes Additions to stock of resources Growth in stock na Discoveries of new stock Yes Upwards reappraisals Yes Reclassifications Yes Total additions to stock Reductions in stock of resources Extractions Extractions Normal reductions in stock na Catastrophic losses Yes* Downwards reappraisals Yes Reclassifications na Total reductions in stock Closing stock of resources Yes Land (incl. forest land) Soil resources Timber resources Fish resources Yes Yes Cultivated Yes Natural Yes Cultivated Yes Natural Yes Land reclamation Soil formation Soil deposition Natural growth Natural growth Growth Growth Precipitation Returns na na Yes na Yes* Yes na Yes* Yes na Yes* Yes Yes* Yes* Yes Yes* Yes* Yes Yes* Yes* Yes na na Soil extraction Erosion Yes* na Yes Yes* Yes* Yes Removals Natural losses Yes Yes* Yes Removals Natural losses Yes Yes* Yes Harvest Gross catch Normal losses Normal losses Yes Yes Yes* Yes* Yes Yes Yes Yes SEEA revision - key issues and outcomes Yes Water resources Yes Yes Abstraction Evaporation Yes* Yes* na Yes 6 2. Revision issues A few examples:‘those of interest from NA point of view’ • Valuation of natural resources • Resource rents, NPV calculations • Market based alternatives (catch entitlements) • Accounting for depletion • Resource rent = depletion + income element • Renewables (maximum sustainable catch) • Split ownership and reallocation of depletion element • Industrial processing • 2008 SNA ‘net’ recording not applicable to physical flows • Tradable emission permits • Payment of rent or tax: does SEEA recognise the underlying asset? • If a tax what should be the preferred recording in SEEA? SEEA revision - key issues and outcomes 7 3. Implementation • Common subset of SEEA accounts? • Environmental issues may differ between regions (particularly developed versus developing countries) • International harmonised implementation will certainly strengthen the use of accounts (in stead of loose indicator sets) • Guidance OECD Green Growth strategy • indicators reflecting the environmental efficiency of production (Chapter 3) • indicators of the natural asset base (Chapter 5) • indicators monitoring the environmental quality of life (SEEA – Ecosystem accounts) • indicators describing policy responses and economic opportunities (Chapter 4) SEEA revision - key issues and outcomes 8 i ii iii iv Group Indicator Time series Environmental Efficiency Production-based greenhouse gas intensity 1990-2009 Consumption-based greenhouse gas emissions Energy efficiency 1996; 2009 Renewable energy 1990-2009 Surpluses of nutrients 1990-2009 Material intensity 1996-2008 Water use intensity 1990-2009 Waste treatment 1985-2008 Stocks of timber 1990-2005 Fish inputs 1996-2008 Natural gas reserves 1990-2010 Land conversion into built-up land Threat to biodiversity 1900-2006 1994-2005 Pollution induced health problems 1980-2000 Green patents 2000-2006 Share of green taxes 1990-2009 Energy prices Carbon trade Environmental investments 1990-2009 2005-2009 1990-2007 Green jobs 1995-2008 Natural asset base Environmental quality of life Policy responses SEEA revision - key issues and outcomes Trend greening growth 1990-2009 - - 9 3. Implementation Conclusions: • Common (OECD) SEEA implementation strategy seems useful • Green Growth initiative provides useful guidance • Priority setting • building blocks: physical flow -, asset - and expenditure accounts • Policy areas: e.g. climate change, air quality, resource scarcity and efficiency, biodiversity, green jobs SEEA revision - key issues and outcomes 10 Thank you! SEEA revision - key issues and outcomes 11