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9781032010410

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“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 people’s 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.

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Peter Birch Sørensen is Professor of Economics at the University of Copenhagen, a member of the Royal Danish Society of Sciences and Letters, and an international research Fellow in the CESifo research network. He is also a former Director of the Economic Policy Research Unit at the University of Copenhagen. His research has covered topics in Environmental and Climate Economics, Public Economics and Macroeconomics.

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