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International Monetary Fund. External Relations Dept.

European Community member states now face critical decisions on the design and implementation of monetary policy

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

4.1 An important component of environmental-economic accounting is the recording of transactions in monetary terms between economic units that may be considered environmental. Generally, these transactions concern activity undertaken to preserve and protect the environment. Further, there are a range of transactions, such as taxes and subsidies, that reflect efforts by governments, on behalf of society, to influence the behaviour of producers and consumers with respect to the environment.

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

Des données comparables et fiables sous-tendant des cadres cohérents d'analyse et de politique publique constituent des éléments essentiels pour guider les débats et orienter les politiques liées aux interactions entre l'économie et l'environnement. Le cadre central du système de comptabilité économique et environnementale 2012 (SCEE) est un cadre statistique consistant en un ensemble complet de tableaux et de comptes qui guident l'établissement de statistiques et d'indicateurs cohérents et comparables aux fins d'élaboration de politiques, d'analyses et de recherches. Il est produit et publié conjointement par les Nations unies, la Commission européenne, l’Organisation des Nations Unies pour l’alimentation et l’agriculture, l'Organisation de coopération et de développement économiques, le FMI et le groupe de la Banque mondiale. Le cadre central du SCEE reflète l'évolution des besoins de ses utilisateurs, des pratiques en matière de comptabilité économique et environnementale et de la recherche méthodologique.

CARTER BRANDON

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

2.1 The System of Environmental-Economic Accounting (SEEA) Central Framework is a multipurpose conceptual framework for describing the interaction between the economy and the environment, and the stocks and changes in stocks of environmental assets. Utilizing a systems approach to organizing environmental and economic information, it covers, as completely as possible, the stocks and flows that are relevant to the analysis of environmental and economic issues.

VINOD THOMAS and TAMARA BELT

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

6.1 Environmental and economic information is important in the assessment of a range of contemporary environmental and economic policy and research questions. Beyond the provision of relevant information, a primary motivation of the SEEA is the effective integration of the vast amount of environmental and economic data, and assistance with the integration of social data, such as demographic and labour statistics.

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

3.1 An economy cannot function without using natural resources and other inputs from the environment and using the environment to absorb the unwanted by-products of economic production. Measuring the flows of natural inputs into and releases of residuals from the economy can therefore provide instructive information. This measurement is generally carried out using physical units of measure.

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

5.1 Assets are considered items of value to society. In economics, assets have long been defined as stores of value that, in many situations, also provide inputs to production processes. More recently, there has been consideration of the value inherent in the components of the environment and the inputs the environment provides to society in general and the economy in particular. The term “environmental asset” is used to denote the source of these inputs which may be measured in both physical and monetary terms.

United Nations, European Commission, Food and Agricultural Organization of the United Nations, International Monetary Fund, Organization for Economic Co-operation and Development, and World Bank

Abstract

Comparable and reliable data supporting coherent analytical and policy frameworks are essential elements to inform debates and guide policy related to the interrelationships between the economy and the environment. "The System of Environmental-Economic Accounting 2012—Central Framework" (SEEA Central Framework) is a statistical framework consisting of a comprehensive set of tables and accounts, which guides the compilation of consistent and comparable statistics and indicators for policymaking, analysis and research. It has been produced and is released under the auspices of the United Nations, the European Commission, the Food and Agriculture Organization of the United Nations, the Organisation for Economic Co-operation and Development, the International Monetary Fund, and the World Bank Group. The SEEA-Central Framework reflects the evolving needs of its users, new developments in environmental economic accounting and advances in methodological research.