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Economy Concepts and Overview of
Internationally Developed Green Economy
Assessment Methods
Derek Eaton
UNECE Consultant
21 October 2016
Outline
1. Green Economy concepts
2. Internationally developed assessment methods for a green
economy
3. UNEP Green Economy indicators
4. OECD Green Growth indicators
5. UNEP Green Economy Progress Index
6. National initiatives
7. System of Environmental Economic Accounting (SEEA)
1. Green Economy
“results in improved human well‐being and social equity, while
significantly reducing environmental risks and ecological
scarcities” (UNEP 2011)
• strategy for achieving sustainable development, with an
emphasis on aligning economic with social and environmental
policy
• Multiple sustainability dimensions: climate change +
biodiversity, waste management, fisheries and forest resource
management
Inclusive Green Economy
• Inclusive Green Growth
• Equity and social cohesion
• “to advance both sustainability and social equity as functions
of a stable and prosperous financial system within the
contours of a finite and fragile planet” (UNEP)
• Pathway towards achieving the 2030 Agenda for Sustainable
Development
Related concepts
Inclusive Green Growth
Circular Economy
• minimization of waste through resource‐efficiency, reusing
and recycling
• Closed‐loop systems
Bioeconomy
• optimal and sustainable use of renewable biological resources,
as materials and bio‐energy
2. Internationally developed assessment methods for a green
economy
Global initiatives National initiatives
Applications in the Czech Republic, Denmark, Germany, the
Netherlands, Slovakia and Slovenia
• most indicators proposed in the OECD framework can be met
using nationally available statistics
Data gaps do remain
• Eg. environmentally adjusted multifactor productivity, natural
resource stocks index and soil resources
7. System of Environmental
Economic Accounting (SEEA)
Standardized framework for integrating data on natural and
environmental resources into tables and accounts
• Satellite accounts to the System of National Accounts (SNA)
SEEA‐Central Framework (CF)
• Physical resource flows, natural assets and depletion (physical
and monetary)
• Expenditure on environmental protection and resource
management
SEEA‐Agriculture, or SEEA‐AFF
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