Thursday, December 7, 2006

Econ: EEA releases report on ecosystem accounting framework

Land and Ecosystem Accounting (LEAC) is a systemic way of describing how the social, economic and environmental resources on which human wellbeing depends can be linked within a single framework.

“Land and Ecosystem Accounting provides the overview that we need to better protect and maintain our natural capital; both now and into the future”, said Professor Jacqueline McGlade, Executive Director of the EEA, co-chair of the International workshop on ecosystem and natural capital accounting together with Mr Ivo Havinga, Chief Economic Statistics Branch, UN Statistical Division.

An EEA report “Land accounts for Europe 1990-2000 - Towards integrated land and ecosystem accounting” summarises the approach.

“The accounting framework will eventually allow us to connect the natural system to the economic system”, said Mr Ronan Uhel, Head of the EEA Spatial Analysis group. “These accounts are tools that help us understand how well the environment would be able to withstand change and still provide us with the services and resources we need in the future”.

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