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Implementing an environmental-economic accounting framework

Mladen Kovac, Chief Economist, Office of Environment and Heritage
Nicholas Conner, Principal Conservation Economist, Office of Environment and Heritage

Implementing an environmental-economic accounting framework to support environmental policy-making: a work-in-progress

Introduction to SEEA

Along with nearly all other countries, Australia produces a set of national economic accounts – the System of National Accounts (SNA).  The SNA provides information on economic activities in Australia, for income, expenditure, output, net worth and international transactions by households, businesses and governments.  Importantly, the SNA shows not only how economic activity changes over time, but also how changes in one sector flow through, and affect other sectors in the economy.  This information is routinely used by government policy makers to inform policy decisions, often supported by economic modelling showing trade-offs between different sectors of the economy under different policy options.

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Far South Coast forests a carbon economy game changer

With the controversial Regional Forest Agreements set to expire between 2019 and 2021, the National Parks Association of NSW (NPA) is ramping up its campaign on the Far South Coast to end native forest logging and position State Forests to help Australia transition to a low-carbon economy.

The Great Southern Forest is a new approach to forest management that involves ending logging, planning a transition away from the loss-making wood chipping sector, and using carbon funding to create regional jobs in tourism, wildlife protection and forest management.