Natural Resources

The objective of the Natural Resources project is to research and address issues relating to the potential recognition and measurement of tangible natural resources.

Current Status of the Project

The IPSASB unanimously approved IPSAS 51, Tangible Natural Resources Held for Conservation, at its December 2025 meeting. The IPSASB set an effective date of January 1, 2028 for IPSAS 51, with earlier adoption permitted.

Due Process Checklist

Project Contact

• Edwin Ng

Drafting Group

• Renée Pichard, IPSASB Member, Canada (Drafting Group Chair)
• Ian Carruthers, IPSASB Chair, United Kingdom
• Andrew van der Burgh, IPSASB Member, South Africa
• Patricia Varela, IPSASB Member, Brazil