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Date: 2024-07-16 Page is: DBtxt001.php txt00019946

Cambridge Event
Natural-Capital-Accounting

Natural-Capital-Accounting webinar from the UK ... December 15th 2020

Burgess COMMENTARY

Peter Burgess
Upcoming webinar: Building Back Better - Natural Capital Accounting for a Green Recovery SEEA-DESA Attachments Fri, Dec 4, 3:44 PM (11 days ago) to SEEA-DESA Dear colleagues, We are pleased to invite you to the webinar: Building Back Better: Natural Capital Accounting for a Green Recovery, on 15 December at 9:30-10:30 AM EST (New York) time. This webinar, co-hosted by the United Nations Department of Economic and Social Affairs, the Bennett Institute for Public Policy at the University of Cambridge, and the Federal Ministry for Economic Cooperation and Development of Germany, brings together world-leading experts to discuss how natural capital accounting can help in the fight against climate change, biodiversity loss, and air pollution (responsible for over seven million deaths a year). Panelists will discuss the economic rationale for placing nature at the heart of the recovery from COVID-19, highlighting a global UN-led effort to develop new statistics that reveal, rather than conceal, the impacts and dependencies of economies on nature. The resulting System of Environmental Economic Accounts - Ecosystem Accounting is expected to be adopted by the United Nations Statistical Commission in 2021, providing high-quality, rigorous data on biodiversity, ecosystems and the environment-economy nexus. Confirmed speakers include:
  • Norbert Barthle, Parliamentary State Secretary to the Federal Minister for Economic Cooperation and Development, Germany
  • Professor Diane Coyle, Bennett Professor of Public Policy and Co-Director, Bennett Institute for Public Policy, University of Cambridge
  • Professor Sir Partha Dasgupta, Frank Ramsey Professor Emeritus of Economics, University of Cambridge
  • Elliott Harris, United Nations Chief Economist and Assistant Secretary-General, United Nations Department of Economics and Social Affairs
  • Bert Kroese, Deputy Director General, Statistics Netherlands and Chair of the United Nations Committee of Experts on Environmental-Economic Accounting
The event will be opened by Stefan Schweinfest, Director of the United Nations Statistics Division.

and moderated by Monica Contestabile, Editor in Chief, Nature Sustainability.

Attendees will gain a ‘first look’ into a series of landmark reports being launched for the webinar, and in the weeks to follow. These include:
  • How Natural Capital Accounting Contributes to Integrated Policies for Sustainability and associated reports (United Nations, 2020); and
  • Building Forward: Investments in a Resilient Recovery (Agarwala, et al 2020).
  • The Dasgupta Review on the Economics of Biodiversity (HM Treasury, 2020).


Please register here: bit.ly/MakeNatureCount.

Kind regards,

UNSD
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Stefan Schweinfest UN
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Dr. Monica Constestabile
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Professor Diane Coyle
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Professor Diane Coyle
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Professor Sir Partha Dasgupta
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Elliot Harris
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Bert Kroese In the Nethgerlands (CBS)
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PeterBurgess (You) 09:36 AM Data are essential, but not sufficient. In the modern world we have a huge pile of data, but rather little management to enable accountability and moving the needle ... Peter Burgess ... Founder CEO TrueValueMetrics.org Engineer / Economist / Accountant Sidney Sussex College Cambridge 1958 PeterBurgess (You) 09:53 AM Every company on planet earth produces BALANCE SHEETS and PROFIT AND LOSS ACCOUNTS ... while governments and economists only address flows. This problem was identified when I was a student about 60 years ago ... powerful decision makers HATE the idea of metrics that actually tell the story. How do you get the rich and powerful to pay attention to the crisis of metrics that need to be addressed NOW ... Peter Burgess TrueValueMetrics.org PeterBurgess (You) 10:00 AM A core idea in accountancy is that progress is the difference between a balance sheet at the beginning of a period and the balance sheet at the end of the period. It is the same as the profit for the period as computed by the total of revenues less the total of costs. The world has a lot of activity that enables wealth concentration while resulting in massive degradation of natural and social capital !!!!!!!!!!!! PeterBurgess TrueValueMetrics.org PeterBurgess (You) 10:05 AM What is the problem? I argue the biggest problem is the focus for the past many decades on financial performance. Put people at the top (social capital) ... put economic activity in the middle ... and natural capital at the bottom as the FOUNDATION ... and an effective management system can be envisioned ...... Peter Burgess TrueValueMetrics.org PeterBurgess (You) 10:09 AM There are 3 key numbers .... Cost, Price and Value. They are used very sloppily in a lot of analysis, reporting and general conversation which has been very convenient for those with wealth and power. Modern technology has enabled a huge improvement in productivity but sloppiness has made it possible for most of the enabled profit to be extracted by the owners at the expense of everyone else. Peter Burgess TrueValueMetrics.org PeterBurgess (You) 10:14 AM The unit of measure for distance was originally defined by referance to the size of planet earth ... can we create a set of measures for social and environmental capital / impact by reference to something like the totallity of the global totals? PeterBurgess TrueValueMetrics.org
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From Bennett Institute to Everyone: 09:43 AM Please follow & join the conversation on Twitter & include the following hashtag & Twitter handles: #MakeNatureCount @bennettinst @UNDESA @giz_gmbh @naturesustainab @DianeCoyle1859 @CamEcon @unstats Please place your question in the Q&A window. Start with your name, organisation if applicable, and then your short question. From Bennett Institute to Everyone: 10:22 AM Enter the University of Cambridge Bennett Prospect for Public Policy Prize to win £10,000. Question: Is it possible to govern well in the age of populism? Professor Diane Coyle and other judges will read/watch your entry. NB. Please check your eligibility. https://www.bennettinstitute.cam.ac.uk/research/bennett-prospect-public-policy-prize/ For more news and events visit https://www.bennettinstitute.cam.ac.uk/ and https://www.un.org/en/desa
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Elliott Harris Bio United Nations Secretary-General António Guterres appointed Mr. Elliott Harris of Trinidad and Tobago as Assistant Secretary-General for Economic Development and Chief Economist effective 2 April 2018. Mr. Harris brings over 25 years of international experience in the fields of international economics and development policy analysis, coupled with knowledge of the United Nations system, multilateral and inter–agency coordination processes. He has extensive experience in the design of macroeconomic policies and its application as a central instrument for the reduction of poverty and for resilient and sustained economic development. His work in the field of economics also focuses on the macroeconomic linkages with global social and environmental policies. Prior to his appointment, Mr. Harris served as Assistant Secretary-General and Head of the New York Office of the United Nations Environment Programme (UNEP) from 2015. He joined UNEP’s Senior Management Team in 2013 as Director of the New York Office and Secretary to the Environment Management Group. Prior to joining UNEP, Mr. Harris began his career in the International Monetary Fund (IMF) in 1988, where he worked in the African Department and the Fiscal Affairs Department. In 2002 he became an Adviser in the Policy Development and Review Department, and was appointed in 2008 as Special Representative to the United Nations, in addition to serving as Assistant Director of the Strategy and Policy Review Department. Mr. Harris holds a Bachelor of Science degree in German and political science and an advanced degree in economics. He was awarded an Advanced Studies Certificate in international economics and policy research from the Institute of World Economics in Kiel, Germany.

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