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Banking for the environment








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    Economic and Environmental Accounting for Forestry: Status and Current Efforts 1998
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    This report presents and discusses the evolution and current status of forest sector satellite accounts in economic and environmental accounting. A broad set of case studies, forest sector accounting trials and account information are reviewed. Patterns of use, approaches to valuation, potential problems and limitations in the use of this important policy information system are examined. Finally, action steps to improve the status and use of this evolving information system are discussed.
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    Estimating Timber Depreciation in the Brazilian Amazon 1998
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    This study applies distinct methodological forest accounting approaches, following Vincent and Hartwick (1997) lines, to estimate economic depreciation of timber exploitation in the Amazonian region. Although the results may not be definitive ones, due to data availability problems, this exercise has proved to bring about issues which, though are theoretical and methodologically fully recognised, are not always revealed in other regional studies. High timber stocks, lack of property rights and i nformal economic relations are issues related to the Amazonian case that require great deal of caution when one is applying economic depreciation methodologies, as is addressed on the bases of these results.

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