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What's the policy use of Natural Capital Accounting? Exploring implications for Turkey

What's the policy use of Natural Capital Accounting? Exploring implications for Turkey. 5 th World Congress of Environmental and Resource Economists 28 th June-2 nd July 2014, Istanbul Ebru Voyvoda Middle East Technical University, Ankara/TURKEY. Turkey : spec ial circumstances.

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What's the policy use of Natural Capital Accounting? Exploring implications for Turkey

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  1. What's the policy use of Natural Capital Accounting? Exploring implications for Turkey 5th World Congress of Environmental and ResourceEconomists 28th June-2nd July 2014, Istanbul Ebru Voyvoda Middle East Technical University, Ankara/TURKEY

  2. Turkey: special circumstances • Turkeyin “International action for containing the effects of climate change” • Turkey compared to the core implementing countries of the WAVES (Botswana, Colombia, Costa Rica, Guatemala, Indonesia, Madagascar, thePhilippines, Rwanda). • Not a resource-rich economy • Economic growth dependent on accumulation of physical and human capital (consumption/ saving – investment, demographics, education policies) • Implications for the interaction between the economy and environment.

  3. NCA: Exploring Implications for TurkeyNatural Capital Accounting under the SEEA framework: • Natural resource stocks • Land • Ecosystems • w.r.t the functions: • Resource • Sink • Services • Accounting for the “impact of economy on environment”: • RELATING TO DEPLETION • RELATING TO DEFENSIVE EXPENDITURES • RELATING TO DEGREDATION

  4. NCA: Exploring Implications for Turkey • Key Indicators of the interaction between the economy and the environment: • low per capita CO2 emissions, low CO2 emissions per GDP, • one of the highest levels of emission intensity (measured by the ratio of CO2 to energy supply) • Highest (cumulative) growth rate in total emissions: (1)(2)(3) • Low produced and natural capital, low and declining ANS • Lower end at “air quality”, middle-low at “water productivity” and lower end at “forest land”. • Lower end at “marine protection” and “terrestrial protection”. • Need and Potential for “de-coupling”

  5. NCA: Exploring Implications for Turkey • EU accession process, negotiation on the Environment Chapter (compliance with the EU Environmental Acquis), which offers significant opportunities for greening the economy. • Environmental compliance is neither costless nor easy to achieve. • Turkey has already moved forward on some elements of green growth. • Statistics. • Energy – related issues • Dependence on Imports • Change of Ownership (of natural resources and energy supply units **) • Conflicting goals? Trade-off effects…

  6. NCA: Exploring Implications for Turkey Daily et al. (2013): Mainstreaming Natural Capital into Decisions

  7. Electricity Production w.r.t primary source (1985-2011)

  8. Kat, Güven ve Voyvoda (2012): Base Path, Total Energy Supply Shares (%)

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