Quantifying what is needed to live within the planet's limits.
What is planetary accounting?
Planetary Accounting is a way of translating non-negotiable environmental limits (Planetary Boundaries) - such as climate change, and biodiversity loss - into actionable, science based, environmental budgets that can be scaled for use at any level. It divides these global challenges into manageable chunks that each of us - from individuals to chief executives, city councilors, or national committee members – can tackle.
Planetary Accounting is a platform for science-based target setting and decision-making. It can help us understand the the impacts of simple choices such as, 'shall I take the bus or drive the car to work today?’ on global limits such as air pollution, biodiversity loss, deforestation, and greenhouse gas emissions. The high resolution of Planetary Accounting means it can be applied across many different scales and applications, from informing city planning, to setting corporate sustainability goals, to product labels and individual behaviour change programs.
How it works
In 2009, leading scientists proposed nine "Planetary Boundaries", global environmental limits below which the risk of changing the planet from one that is hospitable to one that is hostile to humanity is low - the "safe operating space".
The Planetary Boundaries communicate an important message about the magnitude and urgency of the challenge our planet, they do not help us to answer the question - what should we DO? They were not designed to inform policy, behaviour, or business decisions and action.
Planetary Accounting translates the Planetary Boundaries into global budgets in environmental currencies such as greenhouse gas emissions, water consumption, and deforestation rates that make sense at different scales.
Where the Planetary Boundaries tell us about the planet's health, the Planetary Quotas are a prescription for a healthy planet.
If you think living within the planet's limits is important, join us now to be part of the community that is driving this change.
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