This is a very timely and much needed book when we face both a nature and a climate crisis. The book revitalizes the concept of green national accounting and provides the most comprehensive and long-term coverage of environmental damage costs in national accounting to date. Showing a 10 % lower Green Net National Income (NNI) in Denmark than their conventional NNI, the book illustrates the magnitude the environmental damage costs. This should serve as a wake-up call to people and politicians, and also provides a unique tool for decisionmakers in all of Europe to stay on the sustainable development path.
- Ståle Navrud, Professor of Environmental and Resource Economics, Norwegian University of Life Sciences.
The authors are to be congratulated for re-vitalising the concept of green net national income as an important signal of changes in peoples well-being at the level of the national economy. Readers will find a very extensive coverage of all major environmental adjustments to the conventional national accounts for a small, open economy over a 30-year period. This is most useful material, which can serve as a model for other nations.
- Nick Hanley, Professor of Environmental and One Health Economics, University of Glasgow.