1. Priorities for further development of (component accounts for) EU ecosystem accounting system Food for thought in three steps: a)Reflection on the overall goal b)Comparison with SEEA-EEA system of accounts c)Priorities for further investment

2. Green Economy: Living well within ecological limits Ecosystem services ECOSYSTEMS Policy Values Technology Science Market Industry SOCIO-TECHNICAL SYSTEMS providing social needs and value Environmental externalities Withdrawals from the ecosystems Deposits Emissions Pollution system Food system Energy system Mobility system

3. 7 th EAP: ‘Living well, within the limits of the planet’ Ecosystem accounting

4. Managing natural capital Planetary boundary

5. Managing natural capital well Planetary boundary Safe operating space Manage (service) trade-offs (as we please?)

6. Managing natural capital well & respecting societal limits Planetary boundary Conservation boundary Safe operating space Manage (service) trade-offs within limits

7. b) From draft technical guidance for SEEA-EEA EEA focus

8. b) From draft technical guidance for SEEA-EEA

9. c) Summing-up – tasks for the workshop Review current state of development Understand technical underpinning of key component accounts Identify important policy and analytical uses Agree main criteria for development of EU ecosystem accounting system Identify key design elements of EU system Develop list of next steps for development of EU ecosystem accounts

10. EEA considerations for ecosystem accounts: (Simplified) ecosystem (capital) accounts should ideally be: Representative of key ecosystem functions / types of ecosystem capital stock Targeted on functional ecological units (water basins, ecosystem types etc.) Aligned with key EU policy targets & planetary boundaries Transparent and easily communicable  Look at trends that are likely to show a clear signal  Follow an analytical approach aligned with characteristics of data (i.e. avoiding analytical over-reach)  Be nested in existing ecosystem accounting guidance

11. Priority tasks Further refine user needs & policy targets  Be clear about what we want to achieve (within 3 years, 5 years, 10 years) Decide whether to go broad or narrow - all ecosystems? - all SEEA-EEA accounts? - ambition of geo-referencing? - fully integrated or focused on key trends? Review data foundation in relation to accounting ambition/targets Understand resource requirements of different approaches Develop approach for co-development with MS

12. Calculation chain for land accounts Minimise data uncertainty Reduce methodological errors Common spatial grid & nomenclature Define ecosystem accounting & analytical units

13. Thank you for your attention! Jan-Erik.Petersen@eea.europa.eu

14. Key objectives in designing an integrated EU ecosystem accounting system Relevant - provide a knowledge base to support policy (7 th EAP, Biodiversity Strategy, EU Semester, 2030 SD agenda) and environmental management (biophysical and monetary assessment - extent, type, condition and value of ecosystems and their services); enable environmental analysis (providing trend information and indicators) and enable integrated assessment (linking to economic and social information). Acceptable – approach (experimental/demonstration, stepwise standards and recommendations, long term development process) is accepted by key producers/users such as policy makers (EU and national), statistical community, academia, civil society and business. Credible – unambiguous, reproducible results and transparent methodology. Easy – technically feasible and implementable with current/planned future levels of data availability and quality, applicable at different spatial scales, findings can be communicated clearly. Robust – application of statistical standards (concepts, classifications, units) and ecosystem accounting guidance (SEEA-EEA); consistency in approach among sub accounts, data integration, data quality.

15. How to add things up / develop a shared index? $$ + €€ Compiling GDP : $$$$$$$$$$$$$$ + €€€€€€€€€€€€€€ $$ + €€ Agronomy / ecosystems : NitrogenWaterPhosphate PotassiumTemperature ‘Liebig’s law’ Water = harvest