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Every account counts for sustainable development: lessons from the African CoP to implement ocean accounts in the Western Indian Ocean region

Tainã G. Loureiro; Jordan Gacutan; Ben M. Milligan; Teerapong Praphotjanaporn; Ken Findlay
Western Indian Ocean Journal of Marine Science · Issue 1/2022 · pp. 139-165 · 2022

Abstract

The Western Indian Ocean (WIO) is critical in supporting the social and economic development of the nations it borders. To safeguard the various opportunities it provides, it is essential to adopt sustainable ocean development models that balance ocean wealth and ocean health. Such models depend on evidence-based and adaptative ocean governance underpinned by holistic social, environmental and economic indicators. The ocean accounts framework provides a standard accounting structure to integrate social, economic and environmental information in alignment with relevant international statistical standards such as the System of National Accounts and the System of Environmental-Economic Accounting. Applying such a framework produces integrated indicators against which changes can be assessed and measured. These indicators also inform decision-making and support the prioritisation of areas requiring further attention by highlighting data deficiencies, ocean governance gaps and under-explored research areas. The framework encompasses and links several systems of accounting that can be used based on specific priorities. However, three initiation points have been identified that can be further expanded and concatenated into other accounts encompassed by the framework. This publication provides practical guidelines to start implementing national, regional or local ocean accounts, following the Global Ocean Accounts Partnership Technical Guidance on Ocean Accounting. It is further complemented by amendments proposed by the African Community of Practice based on lessons learned during the implementation of ocean accounts pilots across the WIO region. Compiling ocean accounts is an adaptative and iterative process and should be constantly ameliorated and adjusted to local contexts and priorities. However, efforts should be made to maintain coherence with the framework and international standards.

Bibliographic Information

JournalWestern Indian Ocean Journal of Marine Science
PublisherWestern Indian Ocean Marine Science Association
Publication Date2022-11-29
Publication Year2022
Issue1/2022
Pages139-165
Document TypeJournal Article
Print ISSN0856-860X
eISSN2683-6416
DOI10.4314/wiojms.si2022.1.11
SubjectWestern Indian Ocean; marine science; coastal management; fisheries; ecology

Access Information

NARA Access CoverageOA / free full text
Journal Homepagehttps://www.wiomsa.org/publications-2/wio-journal-of-marine-science/
Publisher PageOpen Publisher Page
This article is openly available from the publisher.