Armenia has begun developing a national accounting system aligned with the UN System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA EA), starting with water accounting. The Governmental Decision on the classification of land cover in RA (2019) initiated the first step toward ecosystem accounting by establishing extent accounts for land-cover classes. To support this move toward establishing national ecosystem accounting, a first version of Ecosystem Accounting Prototype (EA PV1) was created aimed at the following core objectives:
● demonstrate the value of EA as a tool for integrating information on ecosystem extent, condition and services into policy and management decisions.
● identify the key challenges for developing EA in Armenia;
● define the initial technical and data steps required to launch the first phase of EA in Armenia.
Ecosystem accounting (EA) constitutes a statistical framework for organizing data about ecosystems
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Finance for Finance
Investment opportunities from national Biodiversity Finance Plans