Brazilian environmental accounting initiatives

Author: Institute for Applied Economic Research
Thematic Area: Sustainable development

Abstract:"In a country of continental size and endowed with incredible environmental assets such as Brazil, it is not immediately feasible to coordinate national and climate change accounts, perhaps due to caution. However, recent federal legislation (Law No. 13.493/2017) has mandated the Brazilian Institute of Geography and Statistics (Instituto Brasileiro de Geografia e Estatística—IBGE) to calculate and release—annually, if possible—the country’s ‘green domestic product’ (Produto Interno Verde—PIV), detailing the nation’s environmental assets. The greatest challenge to this endeavour will be to determine the methodology that will underpin the national accounting system to be adopted". (…)

Keywords:Brazilian, environmental, accounting, initiatives
Publication Date:
Type/Issue:One Pager/373

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