Natural capital accounting has a pivotal role to play in the post-2020 biodiversity framework. During the recent COP14, a side event on the SEEA was held to explore the role natural capital accounting and the SEEA can play in the post-2020 agenda.
The applications of natural capital accounting (NCA) to biodiversity and climate change and the opportunity to build bridges between public and private sector NCA practitioners were the themes of Third Forum Decisions on Natural Capital Accounting for Better Policy held in Paris on 26-27 November.
Nearly 300 participants attended the 2nd World Forum on Ecosystem Governance held in China from 5-7 November 2018. The forum addressed key topics related to the sustainable management of natural resources and ecosystem services, including ecosystem accounting and the SEEA-Experimental Ecosystem Accounting.
The rationale of the strategic plan 2011-2020, adopted by the tenth meeting of the Conference of the Parties to the Convention on Biological Diversity, in 2010, is that biodiversity underpins ecosystem functioning and the provision of ecosystem services is essential for human well-being. The five strategic goals address issues of mainstreaming biodiversity across governments and society, reducin
The Global Environmental Facility (GEF), the world’s largest single source of environmental finance, has included natural capital and environmental accounting as one of its priorities in its latest round of investments, known as GEF-7. This widens the scope and furthers the potential for enhancing SEEA accounts around the world.
Stats NZ has recently taken up the task of restarting compilation of its environmental-economic accounts. These accounts show levels and trends in the stocks and flows of natural capital, greenhouse gas emissions from economic activity and the economic activities being undertaken to protect the environment.
Three important international initiatives each seek to create enabling environments for better decision-making, by mainstreaming considerations of natural capital. The Forum on Natural Capital Accounting (NCA) for Better Policy, the Government Dialogue on Natural Capital, and the Combining Forces Initiative have joined up to hold a combined meeting on 26 to 27 November 2018 in Paris during what has been called Natural Capital Week 2018 (Paris, France).
Under President Xi Jingping's vision for a sustainable symbiotic relationship between nature and human society, China has embarked on several programmes. The EU-funded National Capital Accounting and Valuation of Ecosystem Services Project, which is working towards implementing ecosystem accounting in China, is part of China's broad commitment to sustainable economic growth.
The 13th Meeting of UN Committee of Experts on Environmental-Economic Accounting (UNCEEA), was held in New York and attended by over 50 experts from 25 member states and 14 international organizations.
The UNECE Steering Group on Climate Change-Related Statistics (SGCC) is organizing the Expert Forum for Producers and Users of Climate Change-Related Statistics in Geneva on 2-4 October 2018. The Expert Forum will take place in the Palais des Nations.