This text was presented in French at the 13th Conference of the "Association de Comptabilité nationale" (2-4 June 2010, Paris). It was translated into English by Jean-François Vacher, whom I thank warmly.2 . Following a request by the President of the French Republic, Nicholas Sarkozy, the Commission was created in February 2008 and its Report was issued in September 2009. It was mostly composed of economists, and the 25 members included Joseph Stiglitz (Chair), Amartya Sen (Advisor to the Chair) and Jean Paul Fitoussi (Coordinator).

The paper studies how, in the future, certain environmental concerns could possibly be addressed in the central framework of the System of National Accounts. Considering only economic (market‐type) valuation and not ecological valuation. the position is taken that a number of changes to the SNA central framework may be envisaged. For example, accounting for the depletion of both renewable and non‐renewable natural resources. The issue of the degradation of natural resources due to their use for disposal services and the joint loss of consumption services is more complex, volume aspects should be considered rather than simple adjustments in current value.

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