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Module

                          ? Valuation of non-market flows and environmentally-adjusted aggregates, presenting non-  4
                         market valuation techniques and their applicability in answering specific policy questions. It
                         discusses the calculation of several macroeconomic aggregates, adjusted for depletion and
                         degradation costs, and their advantages and disadvantages. It also considers adjustments
                                                                                                                   Abu Dhabi, UAE
                         concerning the so-called defensive expenditures.
                       Box SEEA in ESCWA region






                   Environmental accounting environment concerns into exonomix accounting and helps policy makers

                   to monitor progress towards achievement of sustainable development. The United Nations Statistics
                   Division (UNSD) had  developed  in 2003 the System of integrated  Environmental  and  Economic
                   Accounting (SEEA), a satellite system that can be integrated inot the National Accounts and which
                   provides a systematic framework for the organization of the information on natural resources to study
                   the interaction between the economy and the environment. In particular, the UNSD has been working
                   since 2006 on the revision of the SEEA and the development of methodologies for water accounts
                   (SEEAW) and for energy accounts.


                   ESCWA countries have increasingly realized that integration of economic and environmental issue
                   is a key point in formulating effective sustainable development policies, and this was supported by a
                   recommendation by the ESCWA Statistical Committee in its sixth meeting in 2004, inviting ESCWA
                   countries to incorporate water accounts in their national accounts. Therefore, ESCWA had planned in
                   its work programme of 2006-2007, activities to build capacity of member countries in environment

                   statistics and environmental accounting and had organized this expert group meeting in collaboration
                   with the UNSD and UNEP.

                   The United Nations Economic and Social Commission for Western Asia (ESCWA), is organizing an
                   expert group meeting on the production of statistics on natural resources and environment, jointly

                   with the United Nations Statistics Division (UNSD) and the United Nations Environment Programme
                   (UNEP-ROWA), in  Cairo, Egypt , during the period 5-6 June 2007.  The purpose of the Expert Group
                   Meeting is (a) to provide an overview on the state of production of statistics and accounts on natural
                   resources in the ESCWA region with particular focus on water resources; (b) to present the framework
                   and the methodologies of the SEEAW, (c) to discuss the requirements for the advancement of the
                   implementation of the SEEAW in ESCWA countries and (d) to set the recommendations according
                   regional priorities to implement the SEEAW. See also Economic information and the SEEAW hybird
                   account ; SEEAW_Indicators.





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