Green Accounting Final
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Presentation of Dr. Tonie Balangue, President and Executive Director...

Presentation of Dr. Tonie Balangue, President and Executive Director
Resources, Environmental and Economic Center for Studies, Inc., on "Green Accounting" during the UP Manila Conference on Global Climate Change, October 22-23, 2009, Pearl Garden Hotel, Manila.

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Green Accounting Final Presentation Transcript

  • 1. GREEN/ENRA ACCOUNTING
    Tonie O. Balangue, PhD
    President and Executive Director
    Resources, Environmental and Economic Center for Studies, Inc.
    Quezon City, Philippines
    WWW.REECS.ORG
  • 2. OUTLINE
    Objectives
    GDP as a measure of economic welfare
    What is Green/ENRA accounting?
    Framework & methodology of green accounting
    The Philippines’ experience: Forest Resources
    Policy implications
    Flying over the forestlands of the Philippines
  • 3. Objectives of this presentation
    Share the works of REECS in green/ENRA accounting
    Methodology
    Forest resources covered in the ENRA studies
    Implications of the Philippines green/ENRA accounting experience
    Policy recommendations
    Forest depletion as of 2003 map form
  • 4. Green/environmental accounting
    Scorekeeping and management of green resources’ depletion and appreciation in physical stocks and economic values and integration to national accounts.
    GDP or GDI is a basic measure of a country's economic performance and is the market value of all final goods and services made within the borders of a country.
  • 5. GREEN RESOURCES VALUATION : A MUST IN GREEN ACCOUNTING
  • 6.
  • 7. COASTAL PROTECTION FOREST
    INDIRECT USE VALUE OF FOREST AS A WATERSHED RECHARGE
  • 8.
  • 9. Deficiencies of the present NIAS
    RP’s National Income Accounting System
    Fails to reflect negative effects of economic growth (Congestion, Pollution, impacts to human health, ENR depletion)
    Man-made physical capital is treated as wealth and depreciated, while ENR assets (forest, soil, clean air, water) are neglected.
    Ignores economic activity determinants (+,-), (pollution, environmental services, household production of food and fuel taken from the ENR)
  • 10. GREEN RESOURCES
    NIA/GDP
    MAN-MADE CAPITAL
    NATURAL
    CAPITAL
    GREEN RESOURCES ARE JUST SOURCES OF RAW MATERIALS TO BE USED IN THE PRODUCTION OF MAN-MADE CAPITAL
  • 11. GREEN/ENRA ACCOUNTIN G
    GREEN RESOURCES
    NIA/GDP
    Inputs, outputs, finished products, recycled products, wastes, emissions
    MAN-MADE CAPITAL
    NATURAL
    CAPITAL
    GREEN RESOURCES ARE PART OF THE WEALTH OF A NATION. THEREFORE, SHOULD BE INTEGRATED INTO THE NATIONAL ACCOUNT
  • 12. Comparison
    GDP or NDI
    Green Accounting
    Inadequate measure of country’s economic performance
    Ignore natural resources scarcities.
    Undermine economic performance , growth & sustainability
    Environmental degradation as an ‘external’ (social) cost of economic activity not accounted for.
    Improve measure of total welfare of a country by including the net value of natural capital as affected by economic activity.
    Ensures sustainability of green resources by maintaining net growth over depletion
    Green resource degradation as social cost is accounted for
  • 13. Coverage of ENRAP Studies (1-4)
    Forests
    Wildlife and protected areas
    Rattan
    Bamboo
    Soil/land
    Fisheries
    Pollution
    Wastes
    Health impacts
  • 14. Physical (area & volume) and Economic Accounting Methodology
  • 15. 1970 – 1989 Accounting Period
    PhP1985 Constant Price
    Dipterocarps:
    Total Dipt: – 38.99 MnCum/PhP30.6 Bn
    Old Growth: - 52.14 MnCum/PhP41.6 Bn
    Residual: +12.27 MnCum/PhP11.95Bn
    Plantations : +03.66 MnCum/PhP1.7 Bn
    Pines : - 0.06 MnCum/PhP0.082 Bn
    Rattan : - 151.16MnLm/PhP0.12 Bn
    Mangroves : -0.21 MnCum/PhP0.045 Bn
    FOREST DEPRECIATION: - PhP29.17 Bn (1970-1989)
    Green/ENRA Accounting Results
  • 16.
  • 17.
  • 18. POLICY RECOMMENDATIONS
    Protection and sustainable management of remaining forest types.
    Plant more trees in deforested areas to build up more volume growth of depleted forest types
    9 mn hectares of deforested forestlands awaiting development.
    3. Residual forests should be allowed to grow further and possibly closed for harvesting operations.
    EXPECTED RESULTS
    More green resources biomass growth and build up (area and volume, forest types).
    Better environmental services (carbon sink, water, soil and soil nutrients build up, clean air, cooler temperature).
    Higher economic value of green resources.
    Appreciation of the adjusted GDP/NDP
  • 19.
    • Enact a Bill/Law for the adoption and implementation of Green Accounting as an integral part of the National Income Accounting System of the Philippines. Complete economic valuation of environmental services is necessary for the Green Accounting before integration into the National Income Accounting System.
    • 20. Localize green accounting to guide LGUs in their investment portfolio in the environment and natural resources sector.
    • 21. Enact a Bill/Law on the implementation of Payment for Environmental Services to generate funds for the restoration and sustainable management of the ENR to mitigate and adapt to climate change.
    What’s next?
  • 22. Forest depletion as of 2003