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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See also

GMS Working Group on Environment 24th Annual Meeting

1st April 2019

The 24th Annual Meeting of the Greater Mekong Subregion (GMS) Working Group (WG) on Environment reviewed the achievements of the GMS Core Environment Program Phase II and discussed the way forward. WGE AM-24 was hosted by the People’s Republic of China’s Ministry of Ecology and Environment (MEE) with support from ADB through the GMS Environment Operations Center.


The WGE AM-24 was followed by thematic discussions that covered the proposed new programs entitled: "GMS Climate Change and Environmental Sustainability Program (CCESP)" and "GMS Sustainable Agriculture and Food Security Program (SAFSP)" which are aligned with three out of seven operational priorities of Strategy 2030 approved by the Asian Development Bank’s (ADB) Board in 2018.


The CCESP will focus on ADB Strategy 2030’s operational priority: tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability, while SAFSP will focus on ADB Strategy 2030’s operational priority: promoting rural development and food security. Both programs will support ADB Strategy 2030’s operational priority: fostering regional cooperation and integration.


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Consultation Workshop on GMS Sustainable Agriculture and Food Security Program (SAFSP)

3 to 4 April 2019

GMS Sustainable Agriculture and Food Security Program (SAFSP): The proposed TA will build on accomplishments of the two phases of the Core Agriculture Support Program and support the implementation of Strategy for Promoting Safe and Environment-Friendly Agro-Based Value Chains in the GMS and Siem Reap Action Plan, which was endorsed by the GMS Agriculture Ministers in late 2017. The SAFSP interventions will focus on areas such as (i) climate-smart and gender-conscious agricultural value chains, (ii) food safety and quality, and (iii) water-food-energy nexus in a warming world (through the adoption of climate-friendly agricultural adaptation practices and technologies).


SAFSP will focus on ADB’s value addition in advancing the use of advanced digital technologies, leveraging investments and applying integrated solutions on the safe, environment and climate-friendly agro-based value chains in the GMS. The TA will assist GMS towards becoming a more integrated, prosperous, inclusive, resilient and sustainable subregion, by focusing on principles such as “food safety for all, climate-friendly agriculture, inclusiveness of small farmers, gender empowerment, corporate social responsibility, good governance, benefits for all GMS countries, and integration with ASEAN”.


The SAFSP will have the following themes to be implemented over 5 years:


      1.          Greening of agribusiness supply chains

      2.          Inclusive and gender-conscious food value chains

      3.          Financing climate-friendly agribusinesses

      4.          Food safety and quality standards, certification and traceability

      5.          Cross-border animal health and value chain development

      6.          Water for food security in a changing climate

      7.          Agricultural adaptation in the context of water-food-energy nexus


The Asian Development Bank (ADB) organized a workshop on the GMS SAFSP on 3-4 April 2019in Kunming, People’s Republic of China. The workshop was divided into six sessions, where each session discussed (i) key challenges for each seven themes, (ii)  current status (e.g. policies, building capacities and mobilizing investment for infrastructure), and best practices that could be replicated, (iii)  key priorities for action, and (iv) advantages or disadvantages in adopting a regional approach.

More than 80 participants attended. Delegates included senior government officials from 6ADB developing member countries, senior staff from international and regional development organizations, including ADB, non-government organizations, academia, and the private sector.

The agenda and presentation materials can be downloaded below.


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