TAILIEUCHUNG - Nature’s Numbers Expanding the National Economic Accounts to Include the Environment

The last quarter-century has seen increasing awareness of the interactions between human societies and the natural environment in which they thrive and upon which they depend. This awareness has been heightened by concerns about resource scarcity, environmental degradation, and global environmental issues. The combination of increased awareness of the environment and recognition of the primitive state of much of the nation’s environmental data has led to a widespread desire to supplement . national economic accounts to include natural resources and environmental assets. The idea of including environmental assets and services in the national economic accounts is part of a larger movement to develop broader economic indicators. This movement reflects the reality that. | Expanding the National Economic Accounts to Include the Environment NATIONAL RESEARCH COUNCIL Nature s Numbers Expanding the National Economic Accounts to Include the Environment William D. Nordhaus and Edward C. Kokkelenberg Editors Panel on Integrated Environmental and Economic Accounting Committee on National Statistics Commission on Behavioral and Social Sciences and Education National Research Council NATIONAL ACADEMY PRESS Washington . NATIONAL ACADEMY PRESS 2101 Constitution Avenue . Washington DC 20418 NOTICE The project that is the subject of this report was approved by the Governing Board of the National Research Council whose members are drawn from the councils of the National Academy of Sciences the National Academy of Engineering and the Institute of Medicine. The members of the committee responsible for the report were chosen for their special competences and with regard for appropriate balance. Support of the work of the Committee on National Statistics is provided by a consortium of federal agencies through a grant from the National Science Foundation Number SBR-9709489 . The project that is the subject of this report is supported by the Bureau of Economic Analysis of the . Department of Commerce through Grant No. SBR-9409570 between the National Academy of Sciences and the National Science Foundation. Any opinions findings conclusions or recommendations expressed in this publication are those of the author s and do not necessarily reflect the view of the organizations or agencies that provided support for this project. Library of Congress Cataloging-in-Publication Data Nature s numbers expanding the . national economic accounts to include the environment William D. Nordhaus and Edward C. Kokkelenberg editors. p. cm. Panel on Integrated Environmental and Economic Accounting Committee on National Statistics Commission on Behavioral and Social Sciences and Education National Research Council. Includes bibliographical references and index.

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