The System of Environmental-Economic Accounting for Agriculture, Forestry and Fisheries (SEEA-AFF) is a statistical framework that facilitates description and analysis of agriculture, forestry and fisheries as economic activities and their relationship with the environment. It extends to these primary sectors the environmental-economic structure and principles of the System of Environmental-Economic Accounting Central Framework (SEEA CF), an official UN statistical standard. The SEEA-AFF defines core national accounting tables, easily integrated into synthetic view tables, provided as a basis for the measurement and reporting of information on physical and monetary assets and flows accounts on natural resource use, production, trade and consumption of food and other agricultural products. It thus offers countries a robust statistical structure for the development of agri-environmental indicators, including SDGs, which can be monitored in a transparent, coherent and internationally comparable manner.
Agrifood systems generate significant benefits to society, including the food that nourishes us and jobs and livelihoods for over a billion people. However, their negative impacts due to unsustainable business-as-usual activities and practices are contributing to climate change, natural resource degradation and the unaffordability of healthy diets. Addressing these negative impacts is challenging, because people, businesses, governments and other stakeholders lack a complete picture of how their activities affect economic, social and environmental sustainability when they make decisions on a day-to-day basis. The State of Food and Agriculture 2023 looks into the true cost of food for sustainable agrifood systems. The report introduces the concept of hidden environmental, health and social costs and benefits of agrifood systems and proposes an approach – true cost accounting (TCA) – to assess them. To operationalize the TCA approach, the report proposes a two-phase assessment process, first relying on national-level TCA assessments to raise awareness and then moving towards in-depth and targeted evaluations to prioritize solutions and guide transformative actions. It provides a first attempt at national-level assessments for 154 countries, suggesting that global hidden costs from agrifood systems amount to at least to 10 trillion 2020 PPP dollars. The estimates indicate that low-income countries bear the highest burden of the hidden costs of agrifood systems relative to national income. Despite the preliminary nature of these estimates, the analysis reveals the urgent need to factor hidden costs into decision-making for the transformation of agrifood systems. Innovations in research and data, alongside investments in data collection and capacity building, are needed to scale the application of TCA, especially in low- and middle-income countries, so that it can become a viable tool to inform decision- and policymaking in a transparent and consistent way.
The degradation of ecosystems, including forests, and the associated loss of biodiversity, particularly due to human-induced threats and climate change, has gained increased attention from scientists and policymakers. The Millennium Ecosystem Assessment presented a new conceptual framework that puts ecosystem services at the centre and links human well-being to the impacts on ecosystems of changes in natural resources. The Economics of Ecosystems and Biodiversity initiative drew further attention to the economic benefits of conserving ecosystems and biodiversity, supporting the idea that economic instruments – if appropriately applied, developed and interpreted – can inform policy- and decision-making processes. Only a few ecosystem services, however, have explicit market value and are traded in open markets: many – especially those categorized as having “passive-use” value – remain invisible and are rarely accounted for in traditional economic systems. The failure to appropriately consider the full economic value of ecosystem services in decision making enables the continued degradation and loss of ecosystems and biodiversity. Most ecosystem services are considered public goods and tend to be overexploited by society. Many methods have been applied to the economic valuation of ecosystem services. The use of these methods, as well as the interpretation of their results, requires familiarity with the ecological, political, normative and socio-economic context and the science of economics. Recognizing, demonstrating and capturing the value of ecosystem services can play an important role in setting policy directions for ecosystem management and conservation and thus in increasing the provision of ecosystem services and their contributions to human well-being. The aim of this manual is to enhance understanding of ecosystem services and their valuation. The specific target group comprises governmental officers in planning units and field-level officers and practitioners in key government departments in Bangladesh responsible for project development, including the Ministry of Environment and Forests and its agencies. Most of the examples and case studies presented herein, therefore, are tailored to the Bangladesh context, but the general concepts, approaches and methods can be applied to a broad spectrum of situations. This manual focuses on valuing forest-related ecosystem services, including those provided by trees outside forests. It is expected to improve valuation efforts and help ensure the better use of such values in policymaking and decision making. Among other things, the manual explores the basics of financial mathematics (e.g. the time value of money; discounting; cost–benefit analysis; and profitability and risk indicators); the main methods of economic valuation; examples of the valuation of selected ecosystem services; and inputs for considering values in decision making.
This publication i) illustrates how costs and benefits of energy interventions including their impacts along the agrifood value chain can be measured at country level, ii) applies the analysis to 11 country case studies, iii) identifies barriers, possible solutions, business models and success factors for the adoption of energy technologies, and iv) draws general recommendations for investors and decision makers. This report summarizes the analysis and main findings stemming from the FAO project “Investing in Energy Sustainable Technologies for the Agrifood Sector” (INVESTA). FAO has been working together with GIZ and partners of the international initiative Powering Agriculture: An Energy Grand Challenge for Development (PAEGC) since 2014. PAEGC, also partnered by the German Federal Ministry for Economic Cooperation and Development (BMZ), supports the development and deployment of clean energy innovations that increase agriculture productivity and stimulate low carbon economic growth in the agriculture sector of developing countries to help end extreme poverty and extreme hunger.
Planting trees in the agricultural landscape, in the form of establishing agroforestry systems, has a significant role to play in potentially improving ecosystem services, such as increased biodiversity, reduced soil erosion, increased soil carbon storage, improved food security and nutrition, and reduced greenhouse gas emissions. While the role of trees in agroforestry systems in improving ecosystem services has been researched, studies in new systems/regions and new agroforestry system designs are still emerging. This Special Issue includes selected papers presented at the 4th World Congress on Agroforestry, Montpellier, France 20–22 May 2019, and other volunteer papers. The scope of articles includes all aspects of agroforestry systems.
Home to over 80 percent of all life on Earth, the ocean is the world’s largest carbon sink and a key source of food and economic security for billions of people. The relevance of the ocean for humanity's future is undisputed. However, the ocean’s great potential to drive economic growth and equitable job creation, sustain healthy ecosystems, and mitigate climate change is not yet fully recognised. Lack of awareness of this potential as well as management and governance challenges pose impediments. Until these impediments are removed, ocean ecosystems will continue to be degraded and opportunities for people lost. A transition and a clear path to a thriving and vibrant relationship between humans and the ocean are urgently needed. This open access collection of papers and reports identifies a path that is inspired by science, energised by engaged people, and emboldened by visionary leaders. These assessments of knowledge are commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel), which was established in September 2018 as a unique initiative led by heads of state and government from around the world, to showcase the latest leading-edge science, knowledge and state-of-the-art thinking on key ocean issues. Altogether, The Blue Compendium offers innovative ocean solutions in technology, policy, governance, and finance realms, that could help accelerate a transition to a more sustainable and prosperous relationship with the ocean. The comprehensive assessments have already informed policy making at the highest levels of government and motivated an impressive array of responsive and ambitious action across a growing network of leaders in business, finance and civil society.
This book explains how True Cost Accounting is an effective tool we can use to address the pervasive imbalance in our food system. Calls are coming from all quarters that the food system is broken and needs a radical transformation. A system that feeds many yet continues to create both extreme hunger and diet-related diseases, and one which has significant environmental impacts, is not serving the world adequately. This volume argues that True Cost Accounting in our food system can create a framework for a systemic shift. What sounds on the surface like a practice relegated to accountants is ultimately a call for a new lens on the valuation of food and a new relationship with the food we eat, starting with the reform of a system out of balance. From the true cost of corn, rice and water, to incentives for soil health, the chapters economically compare conventional and regenerative, more equitable farming practices in and food system structures, including taking an unflinching look at the true cost of cheap labour. Overall, this volume points towards the potential for our food system to be more human-centred than profit-centred and one that has a more respectful relationship to the planet. It sets forth a path forward based on True Cost Accounting for food. This path seeks to fix our current food metrics, in policy and in practice, by applying a holistic lens that evaluates the actual costs and benefits of different food systems, and the impacts and dependencies between natural systems, human systems, agriculture and food systems. This volume is essential reading for professionals and policymakers involved in developing and reforming the food system, as well as students and scholars working on food policy, food systems and sustainability.
In the era of globalization, foreign trade has an immense impact upon modern economies. To succeed in the global marketplace, sustainable development in trade practices is an imperative goal for countries to reach. Global Perspectives on Trade Integration and Economies in Transition is an authoritative reference source for the latest research on the dynamics of transitional economies and how certain obstacles can disrupt the effectiveness of the transition process. Highlighting the value of trade incorporation at the national and international levels, this book is ideally designed for researchers, professionals, government officials, policy makers, and upper-level students interested in the intersection of globalization, trade, and international economics.
The FAO Corporate Statistical Programme of Work (SPW) provides an overview and a detailed description of the statistical activities carried out by all FAO divisions active in the field of statistics. The first SPW was compiled in 2010 with the scope of providing a clear overview of ongoing statistical work at FAO. Since then it has become a regular activity. This is the sixth version and covers the 2020–2021 biennium. Directed towards both internal and external users, this series is intended to serve as a useful tool for improving transparency and external visibility of the FAO Statistical System, as well as for stimulating joint efforts among international organizations in many areas. Internally, it plays an important role to increase the coordination between the various actors of the system.
This book explores novel research perspectives on the intersection of environmental/natural resource economics and productivity analysis, emphasizing the link between productivity and efficiency measurement and environmental impacts. The purpose of the book is to present new approaches and methods for measuring environmentally adjusted productivity and efficiency, and for incorporating natural resources in standard national accounting practices. These methods are applicable in many contexts, including air and water pollution, climate change, green accounting, and environmental regulation
