Statistics New Zealand, in association with the Ministry for the Environment, is currently preparing stock and flow estimates for four of New Zealand’s significant natural resources: forestry, fishing, water and subsoil resources. Technically, the physical estimates are referred to as natural resource accounts, while the monetary estimates are referred to as environmental accounts. However, these terms are often used interchangeably. The initial impetus to begin compiling natural resource and environmental accounts came about as a result of decisions stemming from the Budget 2000, where it was decided that more information was required on the complex relationship between the economy, environment and society.
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