where necessary to support the common national approach. FA3. Investigate international experiences in applying the SEEA framework to domestic context, specifically, Canada, the United Kingdom and the Netherlands. FA4. Determine target stakeholder groups for communication strategy. Identify governance and authorising institutions for standards, classifications and quality of data and account development. Agree and apply general guidelines for environmental-economic account development. Develop a concordance of terms to allow comparisons across jurisdictions. Scope opportunities to partner with community and industry to develop environmental-economic accounts. Identify opportunities to influence existing data facilities to support environmental-economic accounting. Improve understanding of how existing environmental-economic accounts are being applied and determine if they can be improved to enhance application. Year 2 FA3. Initiate the development of environmental-economic accounting principles and methods relevant to Aboriginals and Torres Strait Islanders, including relevance to their economic, social, environmental, cultural and spiritual goals. FA3. Establish a business-government dialogue to incorporate lessons learnt from natural capital accounting into the principles, standards and governance arrangements for the common national approach. FA4. Assess the current capacity/understanding/policy drive of the production and use of environmental-economic accounting in government and in the business sector. FA4. Develop methods to increase capacity and capability at all levels for environmental-economic accounting. Identify priority sets of data for Compile data for pilot accounts.
sharing arrangements and integration opportunities. Develop pilot account. Identify sets of data needed for accounts that can/should be made interoperable. Document the conceptual model that meets the purpose of the account application. Capacity and capability building in strategic thinking for application of pilot accounts. Year 3 F5. Take lessons learnt from accounts already developed and apply them to new research and pilot work through the development of a research plan. F5. Identify partnerships between business, academia and government to foster new research and pilot work. Application of pilot accounts. Understand the data needs, gaps and opportunities. Increase capability building on environmental-economic accounts development and sharing knowledge across jurisdictions and organisations. Capacity building in applying environmental-economic accounts across jurisdictions and organisations. Application of pilot accounts. Develop a framework for prioritising environmental-economic accounts for development. Test application of developed accounts to specific reporting obligations such as State of the Environment reporting and international commitments.
Condition accounts to inform land management activities The Tasmanian Land Conservancy (TLC) is a not-for-profit, a-political, science and community based organisation that partners with others and uses business principles to protect over 60,000 hectares of Tasmania’s private land. This includes a network of 17 permanently protected conservation reserves which TLC owns and manages. In 2015 TLC adopted the Wentworth Group’s ‘Accounting for Nature’ methodology as a way of recording, presenting and interpreting its monitoring data in a consistent way. Using this model, it has developed condition accounts for its largest reserve (~ 11,100ha) and it now has Econds for key assets to show relative change over time. This information can now be visually presented and interpreted in a more meaningful way for scientists and supporters alike. Environmental accounting allows for comparing condition across reserves using a valid reference point. This information enables land managers like TLC to track the effectiveness of their management actions and to identify and prioritise which locations or assets need more attention. TLC will be adopting this methodology for monitoring data collected from other private protected lands in Tasmania as it can be up-scaled to provide regional environmental accounts for consistent and comparable reporting frameworks. <> The tables below summarise some of the applications of environmental-economic accounting in Australia. Table 1: Examples of environmental-economic accounting using the SEEA. Account Agency Account Subject Scale Measurement units Frequency Water Account ABS Water supply and use within the economy National, state/territory Megalitres, dollars Annual Land Account ABS Land use, land cover & value Regional, state Area (ha), dollars Experimental Energy Account ABS Energy supply and use within the economy National Petajoules, dollars Annual Experimental Ecosystem Accounts for the Great Barrier Reef Region ABS Ecosystem, ecosystem goods and services Regional Area, dollars Experimental Victorian Experimental Ecosystem Accounts DELWP Ecosystem extent and services indicator State, regional Combined spatial and temporal (e.g. ha/year) Experimental Valuing Victoria’s Parks DELWP and Parks Victoria Ecosystem extent, condition and services State, regional Area, dollars Experimental Marine and Coastal Ecosystem Accounting: Port Phillip Bay DELWP Ecosystem extent, condition and services State, regional Area, tonnes, quality index, dollars Experimental