The UN Environmental Accounting Framework: A Breaking Wave

This week on World Ocean Radio: part twenty-nine of the multi-part BLUEprint series. In this episode we discuss the March 2021 release by the UN Department of Economic and Social Affairs announcing a new statistical framework entitled the "System of Environmental/Economic Accounting" (SEEA EA) which would ensure that natural capital (the contributions of forests, oceans, and other ecosystems) are integrated into economic reporting. This move may reshape decision and policy-making towards sustainable development: natural capital calculated as equal to financial capital, as a mandatory inclusion in the budgets and estimates for all new development projects and corporate initiatives. 

World Ocean Radio: 5-minute weekly insights in ocean science, advocacy, education, global ocean issues, challenges, marine science, policy, and solutions. Hosted by Peter Neill, Director of the W2O. Learn more at worldoceanobservatory.org