Date of event: Friday, May 3, 2019 - 09:30 to 12:30
Where: Ispra, Italy
Aim:
This workshop brings together the Joint Research Centre (Land Resources Unit) and Food and Agriculture Organization (FAO), with scientists of the European Commission’s Competence Centre on Composite Indicators and Scoreboards (COIN) with a view to discuss together how to further improve the "market component" index within the SEEA AFF-INCA integration for the crop provisioning ecosystem service framework and to ensure that it is developed using the highest standards in composite indicator methodology.
Description:
The System of Integrated Environmental and Economic Accounts Agriculture Forestry and Fisheries (SEEA AFF) and the Integrated system for Natural Capital Accounting (INCA) are both accounting frameworks that aim at integrating the System of National Accounts (SNA) by introducing valuable information on natural resources and ecosystem services.
By integrating these frameworks, it is possible to calculate indicators that connect the ecosystem side with the economy and human welfare.
We propose three indicators referring to three different steps of the accounting (Ecosystem, Economy and Society). Specifically, “the market component” (ref. Economy) is built as a Composite Indicator.
After receiving feedback during the COIN Open Day held on March 15 2019, the market component has been reprocessed.
Societal impact:
At the moment, the pilot exercise SEEA AFF-INCA only concerns European Union countries.
If accepted, the integration SEEA AFF-INCA can be replicated in all the countries covered by FAO database and contribute to sustainability assessments for both developed and developing countries.
Originally Published | Last Updated | 17 Dec 2019 | 15 Mar 2021 |
Knowledge service | Metadata | Composite Indicators |