• 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
  • Login
  • Register
Manifest IAS
JournalsOfIndia
Advertisement
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
JournalsOfIndia
No Result
View All Result
Home Environment

System of Environmental Economic Accounting

January 29, 2021
in Environment
Reading Time: 2min read
0
System of Environmental Economic Accounting
30
VIEWS
Share on WhatsAppShare on TelegramShare on Facebook

In News: This year the chair of the UNCEEA convened an extraordinary session to discuss the revised System of Environmental-Economic Accounting Ecosystem Accounting (SEEA EA) as well as the Post-2020 Global Biodiversity Framework, ocean accounting and strategic outreach to promote the SEEA.

What is the SEEA?

  • The System of Environmental-Economic Accounting (SEEA) is a framework that integrates economic and environmental data to provide a more comprehensive and multipurpose view of the interrelationships between the economy and the environment and the stocks and changes in stocks of environmental assets, as they bring benefits to humanity. 
  • It contains the internationally agreed standard concepts, definitions, classifications, accounting rules and tables for producing internationally comparable statistics and accounts. 
  • The SEEA framework follows a similar accounting structure as the System of National Accounts (SNA).
  •  The framework uses concepts, definitions and classifications consistent with the SNA in order to facilitate the integration of environmental and economic statistics. 
  • The SEEA is a multi-purpose system that generates a wide range of statistics, accounts and indicators with many different potential analytical applications. 
  • It is a flexible system that can be adapted to countries’ priorities and policy needs while at the same time providing a common framework, concepts, terms and definitions.

The SEEA consists of three parts:

  1. The SEEA Central Framework (2012) was adopted by the UN Statistical Commission as the first international standard for environmental-economic accounting in 2012.
  2. The SEEA Experimental Ecosystem Accounting offers a synthesis of current knowledge in ecosystem accounting.
  3. The SEEA Applications and Extensions illustrates to compilers and users of SEEA Central Framework based accounts how the information can be used in decision making, policy review and formulation, analysis and research.

SEEA Eight Thematic Areas

The SEEA is a guide to integrating economic, environmental and social data into a single, coherent framework for holistic decision-making

  1. Agriculture, forests and fisheries
  2. Material flows
  3. Environmental activities 
  4. Land 
  5. Water 
  6. Air emissions
  7. Ecosystems and biodiversity
  8. Energy

UN Committee of Experts on Environmental-Economic Accounting (UNCEEA)

  • The UN Committee of Experts on Environmental-Economic Accounting (UNCEEA) was established by the UN Statistical Commission at its 36th session in March 2005. 
  • The UNCEEA functions as an intergovernmental body to provide overall vision, coordination, prioritization and direction in the field of environmental economic accounting and supporting statistics. 
  • The UNCEEA meets once a year in New York and is governed by the Bureau of the UNCEEA.
  • The UNCEEA has the following three broad objectives: 
    • Mainstream environmental-economic accounts and supporting statistics
    • Elevate the System of Environmental-Economic Accounts (SEEA) to an international statistical standard
    • Advance the implementation of the SEEA in countries

 

Source: The Hindu
Tags: News PaperPrelims

Related Posts

Indian Star Tortoises

Indian Star Tortoises

February 25, 2021
Nagi- Nakti bird sanctuaries

Nagi- Nakti bird sanctuaries

February 25, 2021
United Nations Adaptation Gap Report, 2020

United Nations Adaptation Gap Report, 2020

February 25, 2021
Kanha Tiger Reserve

Kanha Tiger Reserve

February 25, 2021
Banana Grit

Banana Grit

February 24, 2021
Sultanpur National Park

Sultanpur National Park

February 24, 2021
Bottom trawling

Bottom trawling

February 24, 2021
Srivilliputhur Megamalai-Tamil Nadu’s new Tiger Reserve

Srivilliputhur Megamalai-Tamil Nadu’s new Tiger Reserve

February 23, 2021
Sulfur Dioxide Emission Norms delayed

Sulfur Dioxide Emission Norms delayed

February 22, 2021
State of the Climate Report 2020

State of the Climate Report 2020

February 22, 2021
Please login to join discussion
February 2021
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
« Jan    

Browse by Category

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society

Browse by Tags

AIR Down to Earth EU g20.utoronto.ca GS-1 GS-2 GS-3 GS-4 imi3.nhp.gov.in Kurukshetra Mains News Paper PIB powergridindia.com Prelims RSTV Science Reporter Survey Yojana Zee news
JournalsOfIndia

Our vision is to orient the readers to grasp the facts objectively and analyse critically. In the rush of reaching first to the readers, the websites miss the balanced opinion, which is the need of the hour. We aim to reach the readers with more crispness, preciseness and relevance. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers.

Categories

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society

Browse by Tag

AIR Down to Earth EU g20.utoronto.ca GS-1 GS-2 GS-3 GS-4 imi3.nhp.gov.in Kurukshetra Mains News Paper PIB powergridindia.com Prelims RSTV Science Reporter Survey Yojana Zee news

Newsletter

The most important UPSC news and events of the day.

Get Journals daily newsletter on your inbox.

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

  • Login
  • Sign Up
  • Home
  • SNIPPETS
  • ARTICLES
  • BROWSE
  • DOWNLOADS
No Result
View All Result

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In