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Production and expenditure for environmental purposes: time series update

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Istat releases the time series on the supply of environmental goods and services (2014-2018) as well as on expenditure for environmental protection (2008-2019) on I.Stat warehouse – ‘National accounts’ theme, ‘Environmental accounts’ sub-theme.

The time series released are consistent with the update and revision of input data.  Moreover, the entire EGSS 2014-2018 time series was revised due to the extension of the scope of good and services covered. As concerns EPEA, the update concerns the years 2014-2019.

The two monetary environmental accounts supply information on activities and actions carried out each year by the socio-economic system in order to mitigate the pressure of economic activities on the environment.

The environmental goods and services sector (EGSS) account, also known as eco-industries’ account, measures output, value added, exports and employment related to the supply of environmental products. Environmental products are goods and services that fulfill (or whose use fulfills) the purpose of prevention, reduction and elimination of pollution and any other environmental degradation (environmental protection) or preservation, maintenance and enhancement of natural resources (resource management).

The environmental protection expenditure account (EPEA) measures how much households, corporations and general government spend to purchase environmental protection services, the investments carried out by producers of environmental protection services for the market and the whole amount of expenditure carried out for own account environmental protection activities. Included are net transfers for environmental protection to the rest of the world.

Data derived from both accounts, calculated according to European standards for monetary environmental accounts, are consistent with national accounts concepts and principles (ESA 2010) and they are directly comparable with macroeconomic aggregates, namely GDP, households’ consumption, investments, exports, employment.

For information
Federica Battellini
ph. + 39 06 4673.3149
battelli@istat.it

Angelica Tudini
ph. +39 06 4673.3136
tudini@istat.it

Date of Issue: 04 February 2021

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