UN launches first synthetic intelligence software for speedy pure capital accounting

New software will make it simpler for nations to measure ecosystems

New York, 29 April – An modern synthetic intelligence (AI) software that may make it simpler for nations to measure the contributions of nature to their financial prosperity and properly‑being was launched in the present day by the United Nations and the Basque Centre for Climate Change (BC3).

Developed by the Statistics Division of the United Nations Department of Economic and Social Affairs (UN DESA), the UN Environment Programme (UNEP) and BC3, the brand new software can vastly speed up implementation of the brand new ground-breaking standard for valuing the contributions of nature that was adopted by the UN Statistical Commission final month.

The software makes use of AI expertise utilizing the Artificial Intelligence for Environment and Sustainability (ARIES) platform to assist nations as they apply the brand new worldwide normal for pure capital accounting, the System of Environmental-Economic Accounting (SEEA) Ecosystem Accounting.

The new open-source and user-friendly digital software, known as the ARIES for SEEA Explorer, allows, for the primary time, speedy and standardized but customizable ecosystem accounting anyplace on Earth.

“The ARIES for SEEA Explorer is a game changer for governments that want to implement the recently adopted SEEA Ecosystem Accounting standard,” harassed Stefan Schweinfest, Director of the Statistics Division. “This application allows countries to jump-start accounts compilation from global data sources, which they can refine with national data or model parameters.”

The ecosystem accounts produced by nations will observe the extent, situation and companies supplied by nature’s ecosystems – corresponding to forests and wetlands – within the type of bodily and financial accounts and indicators. The adoption of the SEEA Ecosystem Accounting has been heralded as a historic step ahead for the Sustainable Development Goals (SDGs) and to maneuver past GDP in monitoring international progress.

Bert Kroese, Deputy Director for Statistics Netherlands and Chair of the UN Committee of Environmental-Economic Accounting mentioned, “The ARIES for SEEA Explorer will give countries a much-needed tool to make progress with the SDGs and the monitoring framework of the post-2020 Global Biodiversity Framework. Its low barrier to entry will ensure that no country is left behind when it comes to ecosystem accounting.”

Risenga Maluleke, Statistician-General of Statistics South Africa and Chair of the UN Committee of Experts on Big Data and Data Science for Official Statistics mentioned, “The launch of the ARIES for SEEA Explorer on the UN Global Platform is an important step to mainstream the measurement of ecosystems and their contribution to the economy and wellbeing into global, regional and domestic statistics that will feed into policy and decision making. Better measures of nature will contribute to better policies to save our planet.”

Building financial programs that worth nature as a central supply of human wellbeing, environmental well being and financial prosperity within the post-COVID-19 world is important, in response to Susan Gardner, Director of UNEP’s Ecosystems Division. “Having technology that incorporates and integrates the latest data, models and understanding of nature’s contributions through natural capital accounting will facilitate well-informed nature positive decision-making from businesses and governments – driving tangible action on biodiversity loss and climate change and a sustainable future for all,” she mentioned.

The new platform may result in higher collaboration. Ferdinando Villa, Ikerbasque Professor and Lead Investigator of ARIES at BC3, added, “There is a growing global demand for sustainable management of our natural resources, and to achieve this, scientists and decision-makers need to collaborate more and more. AI-based tools like the ARIES for SEEA Explorer hold the key to a future where open integration and reuse of knowledge, by both, is possible.”

The ARIES for SEEA Explorer is on the market on the UN Global Platform: a cloud-service setting supporting worldwide collaboration amongst all nations on the earth by sharing scientific information, information, strategies and expertise.

Numerous nations have already began utilizing the ARIES for SEEA Explorer. The Explorer will proceed to be expanded within the close to future, by including the performance to derive indicators that enable to evaluate progress in the direction of SDGs and the rising post-2020 Global Biodiversity Framework.

Notes

About the United Nations Department of Economic and Social Affairs (UN DESA)

The Department helps nations translate their international commitments into nationwide motion within the financial, social and environmental spheres. It is a number one analytical voice for selling inclusion, decreasing inequalities and eradicating poverty, and a champion for tearing down the limitations that hold folks in poverty.

About the UN Environment Programme (UNEP)

UNEP is the main international voice on the setting. It supplies management and encourages partnership in caring for the setting by inspiring, informing and enabling nations and peoples to enhance their high quality of life with out compromising that of future generations.

About Basque Centre for Climate Change

The Basque Centre for Climate Change (BC3) is a global interdisciplinary analysis centre primarily based in Bilbao for the research of local weather change promoted by the Basque Government to advertise science and analysis.

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