Skip to main content

Accounting for Carbon Flows: Comparing the Principles of the UNFCCC and the SEEA

Buy Article:

$55.00 plus tax (Refund Policy)

The System of Environmental and Economic Accounting (SEEA) views CO2 sequestration as an ecosystem service. The Framework Convention on Climate Change (UNFCCC) allocates CO2 removals to forestry sectors, effectively enabling ownership and trade of sequestered carbon. Such ownership is not explicit in the SEEA. Moreover, interpretations of human inducement that are used to justify the classification of sequestered carbon as “anthropogenic” differ substantially between the UNFCCC and the SEEA. Accounting dissonances and uncertain ownership rules can affect industry perspectives on their operations, and ultimately competitive and strategic position. Problems surrounding the accounting for human-induced change and the allocation of ownership rights are likely to hamper the transition of carbon from collectively owned ecosystem input to individually owned commodity.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: carbon accounting; ecosystem input; human-induced change; trading and ownership

Document Type: Research Article

Affiliations: Integrated Sustainability Analysis, School of Physics, University of Sydney, Sydney, Australia

Publication date: 2011-11-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more