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TEEB Implementation:
 How to implement the results of TEEB (The Economics of
  Ecosystems and Biodiversity), especially with regard to
          businesses, local players and citizens


                                Patrick ten Brink
                          TEEB for Policy Makers Co-ordinator
                                  Head of Brussels Office
                  Institute for European Environmental Policy (IEEP)

                 Closing the International Year of Biodiversity 2010:
“How to better understand and communicate the socio-economic value of Biodiversity”
   A green future and benefits for everyone - Biodiversity and social responsibility
                                    14 December 2010,
                      Bois du Cazier, Charleroi (Marcinelle) – Belgium




                                                                               1
Presentation overview

     Part A: TEEB Overview / Evidence Base &
        link to the CBD Strategic Plan


     Part B: TEEB Implementation / shared
        responsibility and communication at
        different levels
     •   Local/regional
     •   Business
     •   Citizens


     Part C: Next Steps
TEEB‟s Genesis and steps, communicating the
 global evidence base to different audiences
                                                  TEEB “results” / contributions :
                                   • Evidence base and awareness - of urgency/opportunity,
                                   values/costs, solutions - widened audience

                                   •Tools , methods and approaches
                                   • Recommendations for action at all levels
                     Sweden
                    Sept. 2009     • Engaged global network (ongoing)
                                   Brussels
                                  13 Nov 2009
                                                   London      India, Brazil,
                                                  July 2009      Belgium,
                                                                Japan & SA
TEEB Interim                                                    Sept. 2010
Report @ CBD COP-
9, Bonn, May 2008


                                    National
                                  International
                                 Policy Makers
                                                  Business
                                                                 Local and        All
                                                                  regional
                                                                authorities /   teeb4me
                                                               policy makers
                                                                                Citizens
Presentation overview

              CBD COP 10 Nagoya: Strategic Plan 2011-20
              5 strategic goals & 20 headline targets         ….extracts…

 Value of biodiversity specific focus of some SP targets
Target 1:… people aware of the values of biodiversity …..
Target 2: …. biodiversity values have been integrated ….into strategies… planning …
   national accounting…. reporting systems.

Strategic goal D: Enhance the benefits to all from biodiversity and ecosystem services
Target 14: … ecosystems that provide essential services…. restored and safeguarded
Target 15: … contribution of biodiversity to carbon stocks has been enhanced…
Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of
   Benefits Arising from their Utilization;

Evidence on values of biodiversity can also support most other targets
e.g. On sustainable fisheries, agriculture, forestry, sustainable use …

       “TEEB implementation” should contribute to the `Strategic Plan realisation`
Evidence base - Assessing values and actions

Assessing the value of working with natural capital has helped determine where
ecosystems can provide goods and services at lower cost than by man-made
technological alternatives and where they can lead to significant savings

• USA-NY: Catskills-Delaware watershed for NY: PES/working with nature saves money (~5US$bn)
• New Zealand: Te Papanui Park - water supply to hydropower, Dunedin city, farmers (~$136m)
• Mexico: PSAH to forest owners, aquifer recharge, water quality, deforestation, poverty (~US$303m)
• France & Belgium: Priv. Sector: Vittel (Mineral water) PES & Rochefort (Beer) PES for water quality
•Venezuela: PA helps avoid potential replacement costs of hydro dams (~US$90-$134m over 30yr)
• Vietnam restoring/investing in Mangroves - cheaper than dyke maintenance (~US$: 1m to 7m/yr)
• South Africa: WfW public PES to address IAS, avoids costs and provides jobs (~20,000; 52%♀)
• Germany : peatland restoration: avoidance cost of CO2 ~ 8 to 12 €/t CO2 (0-4 alt. land use)

       TEEB implementation: assess where working with nature saves money
       – for public (city, region, national), private sector, communities and citizens
       & who, with which collaboration/partnerships can make it happen
Sources: various. Mainly in TEEB for National and International Policy Makers, TEEB for local and regional policy and TEEB cases
Beneficiaries:
         Public sector (e.g. water – national & municipalities),
         Public goods (e.g forests, biodiversity, climate),
         Private sector (e.g. water, beer, energy, agriculture),
         Citizens (e.g. water quantity, quality, price, security) and
         Communities (e.g. payments, livelihoods/jobs, ecological assets & “GDP of the poor”)

Decisions: conservation / restoration investment, PES / public programmes, protected areas

Policy synergies: Water – availability/quantity, quality,
          Climate - mitigation (green carbon) and (ecosystem based) adaptation to CC
          Job creation and livelihoods
          Security - natural hazards (e.g. flooding), water, energy
          Finances - public sector budget savings (Nat. gov’t, public services, municipalities)
          Industrial policy – energy, water, forestry, agriculture...
          Consumer affordability
          Poverty
                                                              and in each case : biodiversity.
  TEEB implementation: understand beneficiaries, appreciate synergies – build on both
Valuation and policy making:
        from valuing natural assets to decisions
Part A: Summary
Assessing the value of nature improves the evidence base for decisions – public
(global, multi-country, national, regional, local), private and community/citizen.
Qualitative, quantitative, spatial and monetary analysis each have a role
Has proven to be useful for investment decisions, permit decisions,
encouraging support (political and public) for action, helped in instrument
choice, design, political and legal launch and implementation.

The whole picture of benefits and costs need
to be appreciated – the here and now, the
over there and over time, the private and
public

As do the range of responsibilities, interests
and opportunities of the players

 …is this enough to work out what to do
          and achieve results ?
                                       …always better to look at the whole board
                                 and engage the right combination of players for each job
Global Issues, Regional solutions:
            Assessing value of nature-based CC mitigation
   • drainage of 930,000 ha peatlands in Germany for agriculture cause
     emissions of 20 Mio. t of CO2-eq. per year
   • total damage of these emissions amounts to ~1.4 billion €
   • peatland restoration: low cost and biodiversity friendly mitigation option


 Mecklenburg-Vorpommern project 2000-2008

       •   Restoration of 30,000 ha (10%)
       •   Emission savings of up to 300,000 t CO2-eq.
       •   CO2 Avoidance cost of 8 to 12 € / t CO2
       •   if alternative land use options are realized
           (extensive grazing, reed production or alder
           forest) costs decrease to 0 to 4 € / t CO2
                                                                         Restored peatland in Trebeltal 2007
Source: Federal Environmental Agency 2007; MLUV MV 2009; Schäfer 2009
                                                                        Foto: D. Zak, http://www.fv-berlin.de
Cities & assessing Multiple Benefits – City of Toronto
• Estimating the value of the Greenbelt for the City of Toronto
• The greenbelt around Toronto offers $ 2.7 billion worth of non-market ecological
    services with an average value of $ 3, 571 / ha.
→ Implication re: future management of the greater city area ?

   Ecosystem                     Annual Value
   Valuation Benefits            (2005, CDN $)
   Carbon Values                 366 million
   Air Protection Values         69 million
   Watershed Values              409 million
   Pollination Values            360 million
   Biodiversity Value            98 million
   Recreation Value              95 million
   Agricultural Land             329 million
   Value

Source: Wilson, S. J. (2008)
Map: http://greenbeltalliance.ca/images/Greebelt_2_update.jpg
Regional/local authorities: taking account of public goods in
land use planning, authorisations


 US$ Based only on private gain, the “trade-                                        Shrimp Farm
 /ha/yr off” choice favours conversion…..                                           Mangroves
                                                                      $12,392/ha
10000
          $9632/ha
                                                             After
                                                             Adding       Storm
                                                             Public       protection
5000                                                         Benefits
                                                             From
                                                             mangroves
                                  $1220/ha                                Fishery
                     $584/ha                                              nursery
                                                   $584/ha
          private profits      private   private
   0                           profits   profits                         Net of public
                               less                                      costs of
                               subsidies                                 restoration
                                                                         needed
                                                                          after 5 years

  If public wealth is included, the “trade-off”
  choice changes completely…..
                                                              -ve $11,172/ha
                                                                               Source: Barbier et al, 2007
Presentation overview
 What can Business do Today ?
1. Identify impacts & dependence on biodiversity & ecosystem services (BES)
2. Assess the business risks and opportunities associated with these
impacts and dependencies
3. Develop BES information systems, set targets, measure and value
performance, report results
4. Avoid, minimize and mitigate BES risks, using compensation („offsets‟)
where appropriate, based on concept of Net Positive Impact
5. Grasp emerging BES business opportunities, e.g. cost-efficiencies, new
products and new markets
6. Integrate BES actions with wider Corporate Social Responsibility
7. Engage with business peers and other stakeholders to improve BES
guidance and policy

                                                          Source: TEEB for Business
Presentation overview
Greening Markets… from niches to mainstream
Market (niches) for products & services demonstrating conservation benefits:
products with reduced direct impacts on biodiversity, due to adoption of more
efficient or low-impact production and processing methods
e.g. for reduced impact forestry - FSC, PESC certified timber - Sales of certified „sustainable‟
forest products quadrupled between 2005 and 2007
e.g. for fisheries, MSC certification - From April 2008 to March 2009, the global market for
eco-labeled fish products grew by over 50%, to a retail value of US$ 1.5 billion
e.g. Organic - Global sales of organic food and drink = US$ 46 billion in 2007 (threefold
increase since 1999)

Major consumer brand owners and retailers added „ecologically-friendly‟
attributes to their products: Mars (Rainforest Alliance cocoa); Cadbury (Fairtrade cocoa);
Kraft (Rainforest Alliance Kenco coffee); Unilever (Rainforest Alliance PG Tips).

products/services based on sustainable use of ecosystem services & biodiversity
e.g. ecotourism or biotrade.

                                           Source : Mixed - thanks toJosh Bishop for some facts and figures
Presentation overview
Business: Commitments & Walking the talk

Commitments: towards no net loss and net positive impacts
BC Hydro: “long-term goal of no net incremental environmental impact.”
Rio Tinto: “Our goal is to have a „net positive impact‟ on biodiversity.”
Sony: “strives to achieve a zero environmental footprint throughout the lifecycle of
   our products and business activities.”
Walmart: “Committed … to permanently conserve at least one acre of priority
  wildlife habitat for every developed acre.” ~= no net BD loss
Meeting Commitments
• Identify impacts & dependence on BES;
• assess the business risks and opportunities
• Develop BES info systems, set targets, measure & value performance, report
results
• grasp BES business opportunities, e.g. cost-efficiencies, new products & markets
• Avoid, minimize & mitigate BES risks, using compensation („offsets‟) where
appropriate
Presentation overview
Citizens
Direct and indirect impacts on BD and opportunities to act
Consumption: Diet, Energy, transport, appliances, housing, holidays…
Action: address consumption …e.g. lower meat content diet…
Positive action: carbon neutral (trees…), green infrastructure




 Getting the messages across to citizens
 • TEEBCase collection: http://www.environmentalatlas.net/
 • teeb4me website http://bankofnaturalcapital.com/
 • MOfilm : Little Things (Laurence Chen), The Invoice (Karen Erbach)
 http://www.4shared.com/dir/kmxyk86b/Mofilm.html
 • Social media: Facebook: http://www.facebook.com/TEEB4me , Twitter: http://twitter.com/teeb4me
 • and of course, policy instruments: labelling (FSC,PEFC, MSC, Organic, white goods, etc), standards
 and law (e.g. wood origin); pricing (e.g. water, CO2), measurement (e.g. footprints), and offsets (e.g. carbon)
 and enjoyment (Natura 2000)
TEEB Implementation                    – some post Nagoya steps

                                                                                Rio+20
                       TEEB Country & Regional Studies
      TEEB Brazil, TEEB India, TEEB NL ..                                   CBD COP11


         Awareness raising / Capacity building (developing countries)
      Regional workshops (DGENV/Defra) + CBD collaboration re NBSAPs

                 Initiatives building on TEEB recommendations
                                                                                SEEA 2012
      World Bank/UNEP et al 10+10 initiative on National accounts …

                                 TEEB Integration
      Support for business and biodiversity (indicators, valuation reporting)
      TEEB for Agriculture; TEEB & Water ….

                     Science / Economics evidence base
  Quantitative assessment, social dimension of BD, valuation, Green
  infrastructure, accounting, and links BD & ESS
             Parallel track: Similar type work independent of TEEB
Many initiatives that focus on (responding to) the value of nature by range of actors
Summary
Appreciating the value of biodiversity and ecosystems is increasingly valuable, if not
essential for decision making:for policy makers (city, regional, national and international), for
business, for citizens. It can help implement the CBD Strategic Plan

• e.g. business - appreciating the value of inputs, oft unpriced, and dependence on these
inputs is essential for business - prices / availability may change.
• Taking account of potential risks and liabilities also key for business – we can expect
greater demands for this, and conversion of damages to real liabilities.
•   Committing to no net loss, or net positive gain is key, and then walking the talk
• e.g. local authorities: appreciating public good benefits of green infrastructure / nat. capital
can help in planning, authorisations / permitting, investment decisions
•   e.g. citizens: help with purchasing and use choices, investment decisions, activities
TEEB aimed to contribute/communicate an increased evidence base on the value of nature,
share experience on measurement/assessment and on (policy) responses, building on a rich
diversity of valuable initiatives past and present and hopefully encouraging more analysis across
the world and greater action for biodiversity, a shared social responsibility and common
interest.
Thank you
            TEEB Reports available on http://www.teebweb.org/
& TEEB in Policy Making will come out as an Earthscan book in March 2011
                              See also www.teeb4me.com

                    Patrick ten Brink, ptenbrink@ieep.eu

              IEEP is an independent, not-for-profit institute dedicated to the analysis, understanding
                  and promotion of policies for a sustainable environment www.ieep.eu
                  Manual of EU Environmental Policy:
                  http://www.earthscan.co.uk/JournalsHome/MEEP/tabid/102319/Default.aspx

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Patrick ten Brink of IEEP TEEB Implementation at Belgian Presidency event Charleroi 14 Dec 2010

  • 1. TEEB Implementation: How to implement the results of TEEB (The Economics of Ecosystems and Biodiversity), especially with regard to businesses, local players and citizens Patrick ten Brink TEEB for Policy Makers Co-ordinator Head of Brussels Office Institute for European Environmental Policy (IEEP) Closing the International Year of Biodiversity 2010: “How to better understand and communicate the socio-economic value of Biodiversity” A green future and benefits for everyone - Biodiversity and social responsibility 14 December 2010, Bois du Cazier, Charleroi (Marcinelle) – Belgium 1
  • 2. Presentation overview Part A: TEEB Overview / Evidence Base & link to the CBD Strategic Plan Part B: TEEB Implementation / shared responsibility and communication at different levels • Local/regional • Business • Citizens Part C: Next Steps
  • 3. TEEB‟s Genesis and steps, communicating the global evidence base to different audiences TEEB “results” / contributions : • Evidence base and awareness - of urgency/opportunity, values/costs, solutions - widened audience •Tools , methods and approaches • Recommendations for action at all levels Sweden Sept. 2009 • Engaged global network (ongoing) Brussels 13 Nov 2009 London India, Brazil, July 2009 Belgium, Japan & SA TEEB Interim Sept. 2010 Report @ CBD COP- 9, Bonn, May 2008 National International Policy Makers Business Local and All regional authorities / teeb4me policy makers Citizens
  • 4. Presentation overview CBD COP 10 Nagoya: Strategic Plan 2011-20 5 strategic goals & 20 headline targets ….extracts… Value of biodiversity specific focus of some SP targets Target 1:… people aware of the values of biodiversity ….. Target 2: …. biodiversity values have been integrated ….into strategies… planning … national accounting…. reporting systems. Strategic goal D: Enhance the benefits to all from biodiversity and ecosystem services Target 14: … ecosystems that provide essential services…. restored and safeguarded Target 15: … contribution of biodiversity to carbon stocks has been enhanced… Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization; Evidence on values of biodiversity can also support most other targets e.g. On sustainable fisheries, agriculture, forestry, sustainable use … “TEEB implementation” should contribute to the `Strategic Plan realisation`
  • 5. Evidence base - Assessing values and actions Assessing the value of working with natural capital has helped determine where ecosystems can provide goods and services at lower cost than by man-made technological alternatives and where they can lead to significant savings • USA-NY: Catskills-Delaware watershed for NY: PES/working with nature saves money (~5US$bn) • New Zealand: Te Papanui Park - water supply to hydropower, Dunedin city, farmers (~$136m) • Mexico: PSAH to forest owners, aquifer recharge, water quality, deforestation, poverty (~US$303m) • France & Belgium: Priv. Sector: Vittel (Mineral water) PES & Rochefort (Beer) PES for water quality •Venezuela: PA helps avoid potential replacement costs of hydro dams (~US$90-$134m over 30yr) • Vietnam restoring/investing in Mangroves - cheaper than dyke maintenance (~US$: 1m to 7m/yr) • South Africa: WfW public PES to address IAS, avoids costs and provides jobs (~20,000; 52%♀) • Germany : peatland restoration: avoidance cost of CO2 ~ 8 to 12 €/t CO2 (0-4 alt. land use) TEEB implementation: assess where working with nature saves money – for public (city, region, national), private sector, communities and citizens & who, with which collaboration/partnerships can make it happen Sources: various. Mainly in TEEB for National and International Policy Makers, TEEB for local and regional policy and TEEB cases
  • 6. Beneficiaries: Public sector (e.g. water – national & municipalities), Public goods (e.g forests, biodiversity, climate), Private sector (e.g. water, beer, energy, agriculture), Citizens (e.g. water quantity, quality, price, security) and Communities (e.g. payments, livelihoods/jobs, ecological assets & “GDP of the poor”) Decisions: conservation / restoration investment, PES / public programmes, protected areas Policy synergies: Water – availability/quantity, quality, Climate - mitigation (green carbon) and (ecosystem based) adaptation to CC Job creation and livelihoods Security - natural hazards (e.g. flooding), water, energy Finances - public sector budget savings (Nat. gov’t, public services, municipalities) Industrial policy – energy, water, forestry, agriculture... Consumer affordability Poverty and in each case : biodiversity. TEEB implementation: understand beneficiaries, appreciate synergies – build on both
  • 7. Valuation and policy making: from valuing natural assets to decisions Part A: Summary Assessing the value of nature improves the evidence base for decisions – public (global, multi-country, national, regional, local), private and community/citizen. Qualitative, quantitative, spatial and monetary analysis each have a role Has proven to be useful for investment decisions, permit decisions, encouraging support (political and public) for action, helped in instrument choice, design, political and legal launch and implementation. The whole picture of benefits and costs need to be appreciated – the here and now, the over there and over time, the private and public As do the range of responsibilities, interests and opportunities of the players …is this enough to work out what to do and achieve results ? …always better to look at the whole board and engage the right combination of players for each job
  • 8. Global Issues, Regional solutions: Assessing value of nature-based CC mitigation • drainage of 930,000 ha peatlands in Germany for agriculture cause emissions of 20 Mio. t of CO2-eq. per year • total damage of these emissions amounts to ~1.4 billion € • peatland restoration: low cost and biodiversity friendly mitigation option Mecklenburg-Vorpommern project 2000-2008 • Restoration of 30,000 ha (10%) • Emission savings of up to 300,000 t CO2-eq. • CO2 Avoidance cost of 8 to 12 € / t CO2 • if alternative land use options are realized (extensive grazing, reed production or alder forest) costs decrease to 0 to 4 € / t CO2 Restored peatland in Trebeltal 2007 Source: Federal Environmental Agency 2007; MLUV MV 2009; Schäfer 2009 Foto: D. Zak, http://www.fv-berlin.de
  • 9. Cities & assessing Multiple Benefits – City of Toronto • Estimating the value of the Greenbelt for the City of Toronto • The greenbelt around Toronto offers $ 2.7 billion worth of non-market ecological services with an average value of $ 3, 571 / ha. → Implication re: future management of the greater city area ? Ecosystem Annual Value Valuation Benefits (2005, CDN $) Carbon Values 366 million Air Protection Values 69 million Watershed Values 409 million Pollination Values 360 million Biodiversity Value 98 million Recreation Value 95 million Agricultural Land 329 million Value Source: Wilson, S. J. (2008) Map: http://greenbeltalliance.ca/images/Greebelt_2_update.jpg
  • 10. Regional/local authorities: taking account of public goods in land use planning, authorisations US$ Based only on private gain, the “trade- Shrimp Farm /ha/yr off” choice favours conversion….. Mangroves $12,392/ha 10000 $9632/ha After Adding Storm Public protection 5000 Benefits From mangroves $1220/ha Fishery $584/ha nursery $584/ha private profits private private 0 profits profits Net of public less costs of subsidies restoration needed after 5 years If public wealth is included, the “trade-off” choice changes completely….. -ve $11,172/ha Source: Barbier et al, 2007
  • 11. Presentation overview What can Business do Today ? 1. Identify impacts & dependence on biodiversity & ecosystem services (BES) 2. Assess the business risks and opportunities associated with these impacts and dependencies 3. Develop BES information systems, set targets, measure and value performance, report results 4. Avoid, minimize and mitigate BES risks, using compensation („offsets‟) where appropriate, based on concept of Net Positive Impact 5. Grasp emerging BES business opportunities, e.g. cost-efficiencies, new products and new markets 6. Integrate BES actions with wider Corporate Social Responsibility 7. Engage with business peers and other stakeholders to improve BES guidance and policy Source: TEEB for Business
  • 12. Presentation overview Greening Markets… from niches to mainstream Market (niches) for products & services demonstrating conservation benefits: products with reduced direct impacts on biodiversity, due to adoption of more efficient or low-impact production and processing methods e.g. for reduced impact forestry - FSC, PESC certified timber - Sales of certified „sustainable‟ forest products quadrupled between 2005 and 2007 e.g. for fisheries, MSC certification - From April 2008 to March 2009, the global market for eco-labeled fish products grew by over 50%, to a retail value of US$ 1.5 billion e.g. Organic - Global sales of organic food and drink = US$ 46 billion in 2007 (threefold increase since 1999) Major consumer brand owners and retailers added „ecologically-friendly‟ attributes to their products: Mars (Rainforest Alliance cocoa); Cadbury (Fairtrade cocoa); Kraft (Rainforest Alliance Kenco coffee); Unilever (Rainforest Alliance PG Tips). products/services based on sustainable use of ecosystem services & biodiversity e.g. ecotourism or biotrade. Source : Mixed - thanks toJosh Bishop for some facts and figures
  • 13. Presentation overview Business: Commitments & Walking the talk Commitments: towards no net loss and net positive impacts BC Hydro: “long-term goal of no net incremental environmental impact.” Rio Tinto: “Our goal is to have a „net positive impact‟ on biodiversity.” Sony: “strives to achieve a zero environmental footprint throughout the lifecycle of our products and business activities.” Walmart: “Committed … to permanently conserve at least one acre of priority wildlife habitat for every developed acre.” ~= no net BD loss Meeting Commitments • Identify impacts & dependence on BES; • assess the business risks and opportunities • Develop BES info systems, set targets, measure & value performance, report results • grasp BES business opportunities, e.g. cost-efficiencies, new products & markets • Avoid, minimize & mitigate BES risks, using compensation („offsets‟) where appropriate
  • 14. Presentation overview Citizens Direct and indirect impacts on BD and opportunities to act Consumption: Diet, Energy, transport, appliances, housing, holidays… Action: address consumption …e.g. lower meat content diet… Positive action: carbon neutral (trees…), green infrastructure Getting the messages across to citizens • TEEBCase collection: http://www.environmentalatlas.net/ • teeb4me website http://bankofnaturalcapital.com/ • MOfilm : Little Things (Laurence Chen), The Invoice (Karen Erbach) http://www.4shared.com/dir/kmxyk86b/Mofilm.html • Social media: Facebook: http://www.facebook.com/TEEB4me , Twitter: http://twitter.com/teeb4me • and of course, policy instruments: labelling (FSC,PEFC, MSC, Organic, white goods, etc), standards and law (e.g. wood origin); pricing (e.g. water, CO2), measurement (e.g. footprints), and offsets (e.g. carbon) and enjoyment (Natura 2000)
  • 15. TEEB Implementation – some post Nagoya steps Rio+20 TEEB Country & Regional Studies TEEB Brazil, TEEB India, TEEB NL .. CBD COP11 Awareness raising / Capacity building (developing countries) Regional workshops (DGENV/Defra) + CBD collaboration re NBSAPs Initiatives building on TEEB recommendations SEEA 2012 World Bank/UNEP et al 10+10 initiative on National accounts … TEEB Integration Support for business and biodiversity (indicators, valuation reporting) TEEB for Agriculture; TEEB & Water …. Science / Economics evidence base Quantitative assessment, social dimension of BD, valuation, Green infrastructure, accounting, and links BD & ESS Parallel track: Similar type work independent of TEEB Many initiatives that focus on (responding to) the value of nature by range of actors
  • 16. Summary Appreciating the value of biodiversity and ecosystems is increasingly valuable, if not essential for decision making:for policy makers (city, regional, national and international), for business, for citizens. It can help implement the CBD Strategic Plan • e.g. business - appreciating the value of inputs, oft unpriced, and dependence on these inputs is essential for business - prices / availability may change. • Taking account of potential risks and liabilities also key for business – we can expect greater demands for this, and conversion of damages to real liabilities. • Committing to no net loss, or net positive gain is key, and then walking the talk • e.g. local authorities: appreciating public good benefits of green infrastructure / nat. capital can help in planning, authorisations / permitting, investment decisions • e.g. citizens: help with purchasing and use choices, investment decisions, activities TEEB aimed to contribute/communicate an increased evidence base on the value of nature, share experience on measurement/assessment and on (policy) responses, building on a rich diversity of valuable initiatives past and present and hopefully encouraging more analysis across the world and greater action for biodiversity, a shared social responsibility and common interest.
  • 17. Thank you TEEB Reports available on http://www.teebweb.org/ & TEEB in Policy Making will come out as an Earthscan book in March 2011 See also www.teeb4me.com Patrick ten Brink, ptenbrink@ieep.eu IEEP is an independent, not-for-profit institute dedicated to the analysis, understanding and promotion of policies for a sustainable environment www.ieep.eu Manual of EU Environmental Policy: http://www.earthscan.co.uk/JournalsHome/MEEP/tabid/102319/Default.aspx