ABSTRACT
‘Green accounting’ has been in the limelight as a straightforward solution to integrating environmental and economic data and analytical variables. As will be shown in Chapter 3, those variables permit the operational definition of the concepts of sustainability and sustainable economic growth. The following examines to what extent interactive economic and environmental processes can be measured in environmentally-modified accounts currently being developed by the United Nations. The proposed System of integrated Environmental and Economic Accounting (SEEA) is outlined and critically reviewed, especially as to its capability of pricing environmental concerns and their effects on human well-being. First results of case-studies that test the proposed methodologies are also presented.
