How the System of Environmental-Economic Accounting can improve environmental information systems and data quality for decision making

Michael Vardon*, Juan Pablo Castaneda, Michael Nagy, Sjoerd Schanau

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

46 Citations (Scopus)

Abstract

The System of Environmental-Economic Accounting (SEEA) is a framework integrating information from different sources with the aim of enabling better decision making by governments, business and others. Accounting allows a wide variety of data to be synthesised so that regular information and indicators are produced and can feed into decision-making processes. The accounting recognises that while there may be discrepancies between different data sources as well as data gaps, government and business must continually make decisions. Over time both the accounts and underlying data improves across the six dimensions of data quality – relevance, accuracy, timeliness, accessibility, interpretability and coherence. In individual data sources the focus is mostly on accuracy (i.e. closeness of estimate to the real number) but accounting addresses all of the six dimensions and has particular strengths in timeliness, accessibility, interpretability and coherence providing data when it is needed in a consistent format. Using examples from high and low-income countries we describe how SEEA can improve information systems and data quality for decision making and distil lessons for the development of the European Shared Environmental Information System.
Original languageEnglish
Pages (from-to)83-92
JournalEnvironmental Science and Policy
Volume89
DOIs
Publication statusPublished - Nov 2018
Externally publishedYes

Keywords

  • Data quality
  • Information systems
  • Natural capital accounting
  • System of Environmental-Economic Accounting

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