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Valuation of natural resources

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Description of the issue
The calculation of the value of natural resources poses measurement issues that need to be addressed in order to ensure international comparability. In particular, the AEG considered the issue of the methodology for the valuation of natural resources relying on current commodity prices or their expected value in the future when there is high volatility in those prices.

The AEG concluded at its 9th meeting that further research, in collaboration with existing groups working on similar issues, such as the Ulaanbaatar Group on Statistics for Economies Based on Natural Resources, would be useful.

For more information see paragraph 30 of the conclusions of the 9th AEG meeting.