The workshop’s main objective was to introduce water accounts to decision makers. It was organized by the Armenian NGO Environment and Health in the scope of the EU4Environment Water & Data Programme.
Water accounting enables a consistent representation of the role and importance of water for the economy and the impact of the economy on water resources.
Water accounts show the stocks and flows of water between the environment (for example groundwater, rivers and atmosphere) and the economy (agriculture, industries and private households). This makes it easier to see what quantity of water is needed by which economic sector, and they can provide a basis for decisions on the allocation of water quantities to economic sectors, especially in areas where water is limited, as is the case in Armenia.
During the workshop, the participants discussed water accounts and the role of water in the economy of Armenia, physical water flows and data exchange, as well as water use fees and environmental taxes: better understanding of water accounts, which means better understanding how water is spent and how it circulates, allows for more efficient planning and more sustainable water governance.#EU4Environment Water and Data
You can download an explicative infography in English here, and in Armenian here.