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Draft annotated outline of Volume 1 of the revised SEEA

This draft annotated outline provides a broad structure and content overview for Volume 1 of the revised System of Environmental-Economic Accounting (SEEA). It serves as a basis for further development and discussion on the revision of the SEEA.

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Draft annotated outline of Volume 1 of the revised SEEA

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  1. Draft annotated outline of Volume 1 of the revised SEEA 4th meeting of UNCEEA. New York 24-26 June 2009 Peter Comisari Interim editor, SEEA revision

  2. Background • Interim editor of SEEA revision appointed during the 14th meeting of the London Group held late in April 2009. • Importance of having an annotated outline of the revised SEEA was raised during this meeting. • The interim editor asked to produce an annotated outline of the Volume 1 of the revised SEEA for the 4th meeting of UNCEEA.

  3. Why is UNCEEA interested? • The UNCEEA is the body entrusted by the UN Statistical Commission to provide guidance and direction to the project on the revision of the SEEA

  4. The draft annotated outline: • Proposes a broad structure for Volume 1 of the revised SEEA • Provides some indication of content within this broad structure • Gives London Group and the editor a basis for developing the revised SEEA – its work program and its chapter text

  5. The draft annotated outline doesn’t: • Identify the various SEEA revision issues and point to possible worked solutions… • Pose questions throughout the outline relating to various decision points…(Both of the above features are worthwhile, but would require time and resources to develop.)

  6. SEEA revision: London Group: • London Group accepted UNCEEA’s request to develop a list of issues for the revision of SEEA2003 and to solve a significant number of these issues as part of its work program • London Group and UNCEEA have discussed a number of papers addressing questions on the structure and content of the revised SEEA • As far as possible, the annotated outline reflects official decisions and thinking on the structure and content of the revised SEEA

  7. SEEA revision: general principles: • No fundamental change to principles and approach of SEEA2003 • Need to adopt singular accounting recommendations, rather than multiple possible treatment options • Need to remove country examples, use of boxes, and discussion of implementation and compilation issues

  8. SEEA revision: broad structure of Volume 1: • Chapter 1 Introduction to the SEEA Chapter 2 Accounting structure and concepts of the SEEA Volume 1 Chapter 3 Physical flow accountsChapter 4 Accounts for environmentally-related economic activities, products and other transactionsChapter 5 Hybrid flow accountsChapter 6 Asset accounts and the valuation of natural resource assetsChapter 7 Full sequence of environmentally-adjusted monetary flow accounts

  9. SEEA revision: broad structure of Volume 1. Comments: • Chapter sequence broadly follows SEEA2003 • With flows again discussed before stocks • Full sequence of environmentally-adjusted monetary flow accounts developed toward the end of the revised SEEA

  10. SEEA revision: broad structure of Volume 1. Comments: continued • Discussion of EPE, NRM, EGSS, taxes, subsidies etc. placed into 1 chapter (rather than 2) • Treatment of degradation; applications of the SEEA removed from revised SEEA Volume 1 • Placement of Hybrid flow accounts chapter remains unclear, possible options include:- separate chapter (as in SEEA2003)- within the chapter on full sequence of environmentally-adjusted monetary flow accounts- within the chapter on environmentally-related economic activities, products and other transactions

  11. Attachments to the draft annotated outline: • Provide point-form description of required topics under the broad chapter headings of the revised SEEA Volume 1 • Also suggest broad areas for inclusion in Volumes 2 and 3 of the revised SEEA

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