Environment > Adjusted savings Stats: compare key data on European Union & Philippines
Definitions
- Adjusted net savings > Excluding particulate emission damage > % of GNI: Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage."
- Adjusted net savings > Including particulate emission damage > % of GNI: Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide and particulate emissions damage."
- Adjusted savings > Carbon dioxide damage > % of GNI: Carbon dioxide damage is estimated to be $20 per ton of carbon (the unit damage in 1995 U.S. dollars) times the number of tons of carbon emitted.
- Adjusted savings > Consumption of fixed capital > % of GNI: Consumption of fixed capital represents the replacement value of capital used up in the process of production.
- Adjusted savings > Energy depletion > % of GNI: Energy depletion is equal to the product of unit resource rents and the physical quantities of energy extracted. It covers crude oil, natural gas, and coal."
- Adjusted savings > Gross savings > % of GNI: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers."
- Adjusted savings > Mineral depletion > % of GNI: Mineral depletion is equal to the product of unit resource rents and the physical quantities of minerals extracted. It refers to bauxite, copper, iron, lead, nickel, phosphate, tin, zinc, gold, and silver."
- Adjusted savings > Net forest depletion > % of GNI: Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth.
- Adjusted savings > Net national savings > % of GNI: Net national savings are equal to gross national savings less the value of consumption of fixed capital.
- Adjusted savings > Particulate emission damage > % of GNI: Particulate emissions damage is calculated as the willingness to pay to avoid mortality attributable to particulate emissions.
SOURCES: World Bank staff estimates. The conceptual underpinnings of the savings measure appear in Hamilton and Clemens' ""Genuine Savings Rates in Developing Countries"" (1999).; World Bank staff estimates based on Samuel Fankhauser's ""Valuing Climate Change: The Economics of the Greenhouse"" (1995).; World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.; World Bank staff estimates based on sources and methods in Arundhati Kunte and others' ""Estimating National Wealth: Methodology and Results"" (1998).; World Bank national accounts data files.; World Bank staff estimates.; Kiran D. Pandey and others' ""The Human Costs of Air Pollution: New Estimates for Developing Countries"" (2006).
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