Article 1 Subject matter

Article 1

This Regulation establishes a common framework for the collection, compilation, transmission and evaluation of European environmental economic accounts, for the purpose of setting up environmental economic accounts as satellite accounts to the European System of Accounts 2010 (ESA 2010) set out in Regulation (EU) No 549/2013 of the European Parliament and of the Council ( 1 ), by providing methodology, common standards, definitions, classifications and accounting rules intended to be used for compiling environmental economic accounts.

This Regulation also contributes to providing sound information on key trends of, pressures on, and drivers for environmental change and thereby supports monitoring and evaluation of the Union’s progress in meeting its environmental objectives laid down in Union law as well as its international environmental commitments.