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Natural resources and environmental accounting in the Czech Republic: an overview of methodology and results

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This paper describes the main features of the study 'Natural Resources and Environmental Accounting in the Czech Republic' (NREACR), carried out under the Phare programme during 1998—1999. Within the project, five major methodological areas were specified: NAMEA-type accounting; land cover/land use (LC/LU) accounting; abatement cost curves (air—energy, transport and industry; water—agriculture, industry, housing); economic (monetary) appraisal of natural assets; and dynamic modelling and scenario development. The results of the first four modules can be thought of as elements of a policy support databank that can have many uses, including the information inputs needed for national economy scenario modelling aimed at exploring the potentials, constraints and trade-oils in the setting and evaluation of Czech Republic economic and environmental policy. In this paper, an overview is given of the modular approach adopted for economy—environment accounting and of the main results, followed by discussion of the outlook for further work in the field in the Czech Republic and also potentially for other EU Accession countries.

Keywords: abatement costs, cost effectiveness, Czech Republic, environmental valuation, GREENSTAMP, land cover, NAMEA, national accounting, scenario modelling, water, environmental accounting, green accounting, natural resources

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