The aim of this session is to enable an exchange between businesses and policymakers on natural capital accounting. Bert Kroese, chair of the UN Committee of Experts on Environmental-Economic Accounting (UNCEEA), will inform participants of the achievement of the statistical community in developing the System of Environmental-Economic Accounting (SEEA EEA), the new international statistical standard on natural capital accounting. A panel consisting of representatives from the international community, business as well as national governments will discuss how implementation of this new standard can help mainstream nature into government decision-making and contribute to business decision making. As part of this discussion, we will hear insights from a pilot study on how the private sector can build on national natural capital accounting, both by using the data derived from SEEA EA applications and by learning from the accounting approach taken by the SEEA EA.
