Document on Environmental Economic Accounting Strategy 2026-2030 in India

Source: Press Information Bureau (PIB), Government of India — Ministry of Statistics and Program Implementation PIB Delhi Read the original release on pib.gov.in

Introduction:

Ministry of Statistics and Program Implementation (MOSPI) Approved by the United Nations Statistical Commission System of Environmental-Economic Accounting (SEEA)) Of Is following. From the year 2018, the Ministry has started working on various aspects of Environmental Accounting. Given the broad scope of this work, a clear strategic framework was required. Accordingly, MOSPI's NSO to guide the development of environmental accounting ‘Eco-Economic Accounting Strategy in India 2022-2026′ Issued, in which areas like Material Flow Accounting (MFAS), Ocean Accounting, Energy Accounting and Biodiversity and Thematic Accounting for Urban Areas etc. were identified on which work is to be done for the said period. MOSPI has started work on various aspects of environmental accounting and forest, biodiversity, wetland, ocean accounting, soil, water quality, agricultural land, energy, remains, Studies have been initiated covering areas such as urban ecosystems and pollination services, Have published publications and reports. The Ministry is also making efforts to expand and strengthen the scope of environmental accounting.

environmental economic accounting strategy 2026-2030 documents About this

To effectively measure and monitor such a vast and growing field of environmental accounting and to build on the efforts and progress made so far, it is necessary to establish a visionary strategic framework for the development of environmental accounting. The strategy document will outline key action points and steps needed to progress toward desired outcomes, address data gaps, expand the scope of accounting, and identify priority areas and targets to guide implementation and monitor progress. Therefore, the Ministry of Statistics and Program Implementation has “ Strategy for Environmental Economic Accounting in India 2026-2030″ Have compiled and issued a document titled.

Environmental Economic Accounting Strategy in India: 2026-2030 This is an extension of the earlier document and is intended to further the development of environmental accounting in India. Forest, mineral, soil resources, land, Water, carbon stores, environmental activities, biodiversity, environmental statistics etc. to include new topics or to expand the scope of these topics. These areas have been selected primarily based on the recommendations outlined in the “Green National Accounts in India: A Framework” report and the SEEA-CF Framework.

This comprehensive and detailed document presents an overview of India's progress in the field of environmental accounting. It highlights initiatives taken by MOSPI to advance the development of eco-economic accounting, address data gaps, potential data sources, policy implications and create a clear action plan for the coming years.

Usefulness of Strategy Document for Stakeholders:

system of national accounts 2025 Of Developments within environmental accounting, particularly the recognition of natural resource accounting within national accounting frameworks, further strengthen the importance of environmental accounting. The topics/areas covered under this framework will provide an opportunity to better understand the relationships between natural resources, economy and environment. The strategic framework will also help in identifying and addressing data gaps in these areas.

This document is intended to provide a useful reference and guiding framework for States and Union Territories that wish to initiate or strengthen their work in the field of environmental accounting. This strategy document is a guidance tool that continues to evolve. This strategy document provides guidelines for the development of environmental accounting in India during the period 2026-30, so as to strengthen the statistical and accounting systems and facilitate a more systematic and coordinated approach towards eco-economic accounting.

This is the official press release issued by the Press Information Bureau (PIB), and is published without changes.