Organizer(s): UNSD World Bank IMF Capitals Coalition Yale University United States University of Cambridge United Kingdom
Description: The year 2020 will be pivotal for the future of natural capital accounting. The Sustainable Development Goals (SDGs) indicators of the 2030 Agenda are slated for revision, many aspects of the Paris Agreement are pegged to 2020 and the post-2020 global biodiversity framework will be agreed at the COP-15 in Kunming, China in October 2020. Simultaneously, the statistical community is revising the System of Environmental Economic Accounting—Experimental Ecosystem Accounting (SEEA-EEA) with the objective of elevating it to an international statistical standard in 2021. The revision of the System of National Accounts (SNA) is also being discussed with the objective of taking into account the new economic environment, including issues of well-being and sustainability. The SEEA is the statistical framework for natural capital accounting that aligns with the internationally agreed SNA for producing national economic statistics. Eighty-five countries and counting currently compile SEEA- compliant natural capital accounts and are promoting its use in decision making. A group of international partner organizations led by Yale’s Schools of Forestry & Environmental Studies and Management and the United Nations Statistics Division (UNSD) will hold a two-and-a-half-day conference in March 2020 at Yale University that brings together leading practitioners, scholars, policy makers, business leaders and communication experts. The objective of this conference is to advance a shared understanding and develop a collectively embraced narrative for natural capital accounting that supports the Beyond GDP movement, Post-2020 Global Biodiversity Framework, the Paris Agreement, and decision making for sustainable economic development.
Target Audience: * Public sector, including finance and economy ministries, central banks, national statistical offices, environment ministries etc.; * International organizations, including the United Nations and its agencies, the World Bank, the Secretariat of Convention on Biological Diversity, regional organizations etc, and NGOs such as IUCN, Conservation International etc.; * Private sector, including those who utilize environmental profit and loss analyses, use data from the SNA for scenario planning or quantitatively measure business contributions towards the SDGs; * Academia involved in natural capital accounting; and * Communication experts with expertise communicating environmental, sustainability and economic issues.
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