The IUCN Motion 070 Accounting for biodiversity: encompassing ecosystems, species and genetic diversity, co-led by Conservation International together with many other co-sponsors, including the governments of Costa Rica, Mexico and South Africa, passed with resounding approval, with 100% of states and 98% of NGO & indigenous people’s organizations (IPO) members voting “yes”. This is an immense step forward on accounting for natural capital following the United Nations Systems of Environmental Economic Accounting (SEEA), an internationally accepted framework for incorporating nature into national accounting systems.
This new IUCN resolution calls for the i. development and implementation of the SEEA to describe accounting for biodiversity at ecosystem, species and genetic levels; ii. the application of accounting to support the derivation of indicators of biodiversity change (e.g. monitoring for the post-2020 Global Biodiversity Framework, SDGs, etc.) and the production and organization of biodiversity and ecosystem services data; iii. support to the national statistical offices, in implementing the SEEA; and iv. implementation and application of SEEA accounting for biodiversity in all relevant aspects of their work.
The SEEA Experimental Ecosystem Accounting (SEEA EEA), the framework for accounting for ecosystem and its benefits to the economy and livelihoods, was formally published in 2014 and is currently under global consultation. This process is expected to finalize with submission of the final revised SEEA EA for adoption by the United Nations Statistical Commission at its session in March 2021.
Read full motion here https://bit.ly/34V5u7Q