Evaluating Complexity: What should we value & Why?
Proposed TEEB-Ag-Food Valuation Framework
Pavan Sukhdev
UNEP Goodwill Ambassador
& Special Advisor, TEEB-Ag-Food
Global Landscapes Forum
Paris, France
06th December 2015

Four “Valuation Applications” supported by
One Universal “Valuation Framework”
Parameters, Data,
& Questions
Analysis, Valuations
& Answers
(ii) Typology
Comparison
System A
vs
System B
(iii) Policy
Evaluation
Policy Scenario 1
vs
Policy Scenario 2
(i) Business
Analysis
Product X
vs
Product Y
Valuation
Framework
Eco-Agri-Food
Systems Complex
Principles
• Holistic View of “Agriculture”
• Anthropocentric Perspective
• Indicators of Value: Economic,
Social, Resilience
Components
• Accounted Values (GDP
components)
• Unaccounted Values
(Externalities)
• Typology of Systems & Practices
• Value Chain Boundaries
• Scope of Evaluation
(iv) National
Accounting
Unadjusted GDP
vs
Environmentally
Adjusted GDP

Valuation Framework –
Externalities and Value Chain Boundaries
“VALUE- ADDITION” Production Processing & Distribution Consumption
Value Chain Stages
Visible & Invisible Flows
Natural
Land-
scape
Infra
&
Mfg
Farm Wholesale F&B Retail Industry/
Household/
Hospitality
Waste
Mngmt
Captured in SNA (Profits,
Wages, Taxes - Subsidies, etc)
Provisioning (Materials,
Energy, etc)
Regulation & Maintenance
(Soil, Water, Habitat, etc)
Cultural (lifestyle, heritage…)
Health (Nutrition, Diseases,
Antibiotic Resistance, etc)
Pollution (Nitrates,
Pesticides, Heavy metals, etc)
Emissions (CO2 ; CH4 ; etc)

Valuation Framework –
Externalities and Value Chain Boundaries
“VALUE- ADDITION” Production Processing & Distribution Consumption
Value Chain Stages
Visible & Invisible Flows
Natural
Land-
scape
Infra
&
Mfg
Farm Wholesale F&B Retail Industry/
Household/
Hospitality
Waste
Mngmt
Captured in SNA (Profits,
Wages, Taxes - Subsidies, etc)
Provisioning (Materials,
Energy, etc)
Regulation & Maintenance
(Soil, Water, Habitat, etc)
Cultural (lifestyle, heritage…)
Health (Nutrition, Diseases,
Antibiotic Resistance, etc)
Pollution (Nitrates,
Pesticides, Heavy metals, etc)
Emissions (CO2 ; CH4 ; etc)
Social Values (food security;
gender equality; etc )
Risks & Uncertainties
(Resilience; Health; etc)

Thank You!
Pavan Sukhdev
UNEP Goodwill Ambassador
& Founder-CEO, GIST Advisory
/PavanSukhdev @PavanSukhdevwww.pavansukhdev.com

Thank You!
Pavan Sukhdev
UNEP Goodwill Ambassador
& Founder-CEO, GIST Advisory
/PavanSukhdev @PavanSukhdevwww.pavansukhdev.com