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Lyons, Sean and Tol, Richard S.J. (2010) THE ESRI ENVIRONMENTAL ACCOUNTS. ESRI Research Bulletin 2010/1/4. UNSPECIFIED.

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    The national accounting framework, including such key concepts as Gross National Product, is a vital input to economic decision making. However, the standard national accounting framework does not take account of the pressure or damage to the environment caused by the economic activity. Thus, similar levels of GNP might involve quite different environmental damage, with implications for both current and future welfare and economic activity. Environmental accounts are now constructed in many countries to take account of these concerns, building on initial research by Nordhaus et al. (1972) and agreed international standards (United Nations et al., 2003). Environmental accounts build on the well-established and coherent national accounting framework, but add to this what are termed “satellite accounts” dealing with environmental issues, in a way which allows for them to be integrated and measured in a more comprehensive framework. This provides an increasingly sound basis for decision making on the environment.

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    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > environmental policy (including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Research Bulletin
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Sep 2019 13:45
    Number of Pages: 6
    Last Modified: 07 Jan 2020 20:39

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