Valuing and Accounting for the Environment in the Asia Region

Bangkok, Thailand 8 to 10 October 2013

The Core Environment Program supported the conference “Valuing and Accounting for the Environment in the Asia Region,” which looked at how environmental values can be incorporated into national accounting systems.

Systems of National Accounts in the vast majority of countries worldwide do not account for valuable natural assets such as clean air, water or fertile soil, and as a result, this often leads to decisions that promote their degradation. ‘Green accounting’ approaches could help prevent the depletion of natural resources and lead to more sustainable economic growth.

The objective of the conference was to share knowledge about existing accounting practices, identify policy uses and challenges for integrating environment into national accounting frameworks and examine strategies for valuing the environment. Delegates discussed how ecosystem valuation and accounting could be implemented in the Asia region.

More than 80 delegates attended the three-day conference, including senior policy practitioners and government statisticians. ADB project officer for CEP, Sanath Ranawana, chaired the session "Valuing Ecosystems – Examining Possibilities and Challenges." Madame Keobang A. Keola from Lao PDR’s Ministry of Environment and Natural Resources, and member of the GMS Working Group on Environment, chaired the session "National Accounts and the Environment – Policy Demand and Initiatives at the Global and Regional Levels."

The conference was co-convened by the South Asian Network for Development and Environmental Economics (SANDEE), UNEP and UN-ESCAP, with support from the World Bank, UN Statistics Division, UNDP and regional partners: CEP, ASEAN Centre for Biodiversity (ACB), INSEE and EEPSEA. 

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