The Economics of Ecosystems and Biodiversity (TEEB).pdf

The Economics of Ecosystems and Biodiversity (TEEB) Biodiversity beyond 2010 Conference Athens, 27th April 2009 Pavan Sukhdev Study Leader, TEEB, Project Leader - Green Economy, UNEP 1 TEEB – History and Goals TEEB’s Genesis • G8+5, Potsdam 2007 • Need for “Stern-like” review to make economic case for early action • Germany and EU Commission take the lead TEEB’s Goals • To review extensively the current state of the science and economics of ecosystems and biodiversity, and recommend a valuation framework and methodology • To address the needs of the “end-users” of these economics : policy- makers, local administrators, corporations and citizens • To mainstream the economics of ecosystems and biodiversity TEEB Reports - in Phase 1 and Phase 2 Phase 1 : Interim Report … 1. five major studies, “call for evidence”, numerous papers articles, 125 contributing authors …… Phase 2 : five volumes… 1. “TEEB” ; ecology and economics foundations, framework and methodologies 2. “TEEB for Policy Makers” ; national to international level 3. “TEEB for Administrators” ; local to national level 4. “TEEB for Business” ; risks, opportunities, disclosures 5. “TEEB for Citizens” ; issues, consumer information TEEB and its implications for Post-2010 Targets Beyond 2010 … • Add Links : Ecosystem Services • Add Goals : MGD’s… 1,2,3,4,5,6, and 8 • Add Context : Today’s Recession and Tomorrow’s “Perfect Storm” • Add Metrics : Measuring Biodiversity • ….. Towards 2020 4 TEEB and its implications for Post-2010 Targets