Natural Capital Accounting
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Natural Capital Accounting
Natural capital accounting is the process of calculating the total stocks and flows of natural resources and services in a given ecosystem or region."Natural Capital"
"Pembina Institute", 2008
Accounting for such goods may occur in physical or monetary terms. This process can subsequently inform government, corporate and consumer decision making as each relates to the use or consumption of natural resources and land, and sustainable behaviour.


Methods of accounting

There are several methods of accounting which aim to address the issue of sustainability. These are: large and eclectic Dashboard (business), dashboards; composite (finance), composite indices; indices focusing on overconsumption; adjusted economic indicators.


Large and eclectic dashboards

These d ...
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Stocks And Flows
Stocks are feet restraining devices that were used as a form of corporal punishment and public humiliation. The use of stocks is seen as early as Ancient Greece, where they are described as being in use in Solon's law code. The law describing its use is cited by the orator Lysias: "“He shall have his foot confined in the stocks for five days, if the court shall make such addition to the sentence.” The “stocks” there mentioned, Theomnestus, are what we now call “confinement in the wood”" (''Lys''. 10.16) Form and applications The stocks, pillory, and pranger each consist of large wooden boards with hinges; however, the stocks are distinguished by their restraint of the feet. The stocks consist of placing boards around the ankles and wrists, whereas with the pillory, the boards are fixed to a pole and placed around the arms and neck, forcing the punished to stand. Victims may be insulted, kicked, tickled, spat on, or subjected to other inhumane acts. In the Bible, th ...
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Agenda 21
Agenda 21 is a non-binding action plan of the United Nations with regard to sustainable development. It is a product of the Earth Summit (UN Conference on Environment and Development) held in Rio de Janeiro, Brazil, in 1992. It is an action agenda for the UN, other multilateral organizations, and individual governments around the world that can be executed at local, national, and global levels. One major objective of the Agenda 21 initiative is that every local government should draw its own local Agenda 21. Its aim initially was to achieve global sustainable development by 2000, with the "21" in Agenda 21 referring to the original target of the 21st century. Structure Agenda 21 is grouped into 4 sections: * Section I: Social and Economic Dimensions is directed toward combating poverty, especially in developing countries, changing consumption patterns, promoting health, achieving a more sustainable population, and sustainable settlement in decision making. * Section II ...
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UNDP
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 Nove ...
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UNEP
The United Nations Environment Programme (UNEP) is responsible for coordinating responses to environmental issues within the United Nations system. It was established by Maurice Strong, its first director, after the United Nations Conference on the Human Environment in Stockholm in June 1972. Its mandate is to provide leadership, deliver science and develop solutions on a wide range of issues, including climate change, the management of marine and terrestrial ecosystems, and green economic development. The organization also develops international environmental agreements; publishes and promotes environmental science and helps national governments achieve environmental targets. As a member of the United Nations Development Group, UNEP aims to help the world meet the 17 Sustainable Development Goals. UNEP hosts the secretariats of several multilateral environmental agreements and research bodies, including The Convention on Biological Diversity (CBD), The Minamata Convention on Mer ...
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Convention On Biological Diversity
The Convention on Biological Diversity (CBD), known informally as the Biodiversity Convention, is a multilateral treaty. The Convention has three main goals: the conservation of biological diversity (or biodiversity); the sustainable use of its components; and the fair and equitable sharing of benefits arising from genetic resources. Its objective is to develop national strategies for the conservation and sustainable use of biological diversity, and it is often seen as the key document regarding sustainable development. The Convention was opened for signature at the Earth Summit in Rio de Janeiro on 5 June 1992 and entered into force on 29 December 1993. The United States is the only UN member state which has not ratified the Convention. It has two supplementary agreements, the Cartagena Protocol and Nagoya Protocol. The Cartagena Protocol on Biosafety to the Convention on Biological Diversity is an international treaty governing the movements of living modified organisms ...
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Robert Zoellick
Robert Bruce Zoellick (; ; born July 25, 1953) is an American public official and lawyer who was the eleventh president of the World Bank, a position he held from July 1, 2007 to June 30, 2012. He was previously a managing director of Goldman Sachs, United States Deputy Secretary of State (resigning on July 7, 2006) and U.S. Trade Representative, from February 7, 2001 until February 22, 2005. Zoellick has been a senior fellow at Harvard's Belfer Center for Science and International Affairs since ending his term with the World Bank. He is currently a Senior Counselor at Brunswick Group. A graduate of Swarthmore College and Harvard University, Zoellick served as White House Deputy Chief of Staff under James A. Baker III from 1992 to early 1993. Background Robert Bruce Zoellick was born in Naperville, Illinois, the son of Gladys (Lenz) and William T. Zoellick. His ancestors were German and he was raised Lutheran.: "Whenever he is in Chicago on business, he drives by his old school ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Artificial Intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech recognition, computer vision, translation between (natural) languages, as well as other mappings of inputs. The ''Oxford English Dictionary'' of Oxford University Press defines artificial intelligence as: the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages. AI applications include advanced web search engines (e.g., Google), recommendation systems (used by YouTube, Amazon and Netflix), understanding human speech (such as Siri and Alexa), self-driving cars (e.g., Tesla), automated decision-making and competing at the highest level in strategic game systems (such as chess and Go). ...
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United Nations Environment Programme
The United Nations Environment Programme (UNEP) is responsible for coordinating responses to environmental issues within the United Nations system. It was established by Maurice Strong, its first director, after the United Nations Conference on the Human Environment in Stockholm in June 1972. Its mandate is to provide leadership, deliver science and develop solutions on a wide range of issues, including climate change, the management of marine and terrestrial ecosystems, and green economic development. The organization also develops international environmental agreements; publishes and promotes environmental science and helps national governments achieve environmental targets. As a member of the United Nations Development Group, UNEP aims to help the world meet the 17 Sustainable Development Goals. UNEP hosts the secretariats of several multilateral environmental agreements and research bodies, including The Convention on Biological Diversity (CBD), The Minamata Convention on M ...
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United Nations Department Of Economic And Social Affairs
The United Nations Department of Economic and Social Affairs (UN DESA) is part of the United Nations Secretariat and is responsible for the follow-up to major United Nations Summits and Conferences, as well as services to the United Nations Economic and Social Council and the Second and Third Committees of the United Nations General Assembly. UN DESA assists countries around the world in agenda-setting and decision-making with the goal of meeting their economic, social and environmental challenges. It supports international cooperation to promote sustainable development for all, having as a foundation the 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) as adopted by the UN General Assembly on 25 September 2015. In providing a broad range of analytical products, policy advice, and technical assistance, UN DESA effectively translates global commitments in the economic, social and environmental spheres into national policies and actions and con ...
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United Nations Statistical Commission
The United Nations Statistical Commission (StatCom) is a Functional Commission of the United Nations Economic and Social Council, established in 1947. The Statistical Commission oversees the work of the United Nations Statistics Division (UNSD). Its 24 member states are elected by the Economic and Social Council on the basis of the following geographical distribution: African states (5), Asian States (4), Eastern European States (4), Latin American and Caribbean States (4), Western European and other States (7). Since July 1999 the Commission meets every year. As set forth by the Economic and Social Council, in the terms of reference, the Commission shall assist the Council: :*"In promoting the development of national statistics and the improvement of their comparability;" :*"In the coordination of the statistical work of specialized agencies;" :*"In the development of the central statistical services of the Secretariat;" :*"In advising the organs of the United Nations on general qu ...
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International Organization Of Supreme Audit Institutions
The International Organization of Supreme Audit Institutions (INTOSAI) is an intergovernmental organization whose members are supreme audit institutions. Nearly every supreme audit institution in the world is a member of INTOSAI. Depending on the type of system used in their home country, the members of INTOSAI may be variously titled the Chief Financial Controller, the Office of the Comptroller General, the Office of the Auditor General, the Court of Accounts, or the Board of Audit. INTOSAI was founded in 1953 in Havana, Cuba Havana (; Spanish: ''La Habana'' ) is the capital and largest city of Cuba. The heart of the La Habana Province, Havana is the country's main port and commercial center.
. Thirty-four audit organizations formed the group originally and as of 2010 the current membership includes 193 institutions (188 national institutions, the Europ ...
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