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Date: 2024-09-27 Page is: DBtxt003.php txt00026797
TVM WEBSITE DEVELOPMENT
MANAGEMENT METRICS
Some old material revisited ... May 2024
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The following is from tha C$) / LSE report of 2016 (page 8)
Box 1.1 List of 13 key sectors examined in the co-benefits literature Overall, 13 key sectors and 55 sub-sectors were reviewed for co-benefits. Economy & Development, Social Inclusion and Environment were not included as sectors, but wereinsteadcaptured as co-benefits across the 13 sectors.
  • 1. Health
    • • Health efficiency
    • • Children
    • • Elderly
    • • Care services
    • • Pharmaceuticals
    • • Malnutrition
  • 2. Land use planning
    • • Planning rules
    • • Infrastructure planning
    • • Regeneration
    • • Green spaces
  • 3. Transport
    • • Rail
    • • Metro
    • • Roads
    • • Parking
    • • Road safety
    • • Cycling
    • • Walking
    • • E-mobility
    • • Shared mobility
    • • Multimodality
    • • Airports
    • • River transport
    • • Freight
    • • New technology
  • 4. Water
    • • Water quality
    • • Water pollution
    • • Water distribution
    • • Flood protection
    • • Sewerage
  • 5. Buildings
    • • Energy efficiency
    • • Building standards
    • • New technology
  • 6. Digital
  • 7. Energy
    • • Energy security
    • • Low carbon energy
    • • Energy regulation
    • • Smart grids & energy distribution
    • • Distributed energy
  • 8. Education
    • • Childcare
    • • Schools
    • • Higher education
  • 9. Tourism, Culture and Sport
    • • Tourism
    • • Culture
    • • Sport
  • 10. Food security
    • • Food distribution
    • • Food safety
  • 11. Air quality
    • • Carbon emissions
    • • Air pollution
  • 12. Waste
    • • Household waste
    • • Industrial waste
    • • Recycling
    • • Landfill
    • • Incineration
  • 13. Disaster & emergency
    • • Contingency planning
    • • Resilient infrastructure
    • • Fire & emergency services
Five strategic sectors

The co-benefits identified in the sectoral literature review were grouped into five strategic sectors:
  • Health,
  • Mobility,
  • Resources,
  • Buildings, and
  • Economy.
These strategic sectors were then divided into:
  • city goals,
  • policy actions and
  • co-benefits.
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Peter Burgess COMMENTARY
The basic framework being described in these old notes is quite similar to the emerging framework for TVM.

The big difference is that the starting point for TVM is the core framework that is double entry financial accounting, and the basic logic that is incorporated in the consolidaton of multi-currency accounting.

During my professional life I worked a lot with corporate accounting and international development accounting where the activities were accounted for in one set of currencies, while the reporting of performance was presented in several different reporting currencies.

A similar framework is needed for the reporting about impact on society, impact on the environment and the conventional impact on financial / economic outcomes! I single reporting of 'financial' performance by a company is not good enough for the 21st century.

While the proposed changes in TVM are big ... the logic has already been embraced, but not yet part of a comprehensive coherent system that is linked into the historic system of financial reporting!
Peter Burgess
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