ABSTRACT
The Republic of Korea has well developed national accounts and economic statistics. However, data on environment and natural resources need to be further developed in order to improve the accounts and their analysis. This chapter presents a description of the accounting framework, the pilot compilation of environmental accounts based thereon, a preliminary analysis of the results of the compilation and suggestions for further work. The framework is based on the System of integrated Environmental and Economic Accounts. Using the proposed framework of accounts, a pilot compilation of environmental accounts for Korea was carried out for the period 1985–1992. Environmental charges include mainly plastic waste disposal charges. Produced asset accounts are compiled using the National Wealth Survey of Korea which is carried out every 10 years by the National Statistical Office. The non-produced asset accounts include land, mineral resources, fish, forest, water and air.
