Transcript Document

The Economics of Ecosystems & Biodiversity
Session 3:
From Concepts to Action
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The Economics of Ecosystems & Biodiversity
CBD’s Strategic Plan
 World governments gathered at the 2010 CBD
Conference of Parties meeting in Nagoya and
agreed upon a strategic plan for 2020
Purpose: recognize and capture the value of
biodiversity, ecosystems and ecosystem services.
 Strategic plan is divided into five strategic goals
 The first goal is most relevant to TEEB = addressing
the underlying causes of biodiversity mainstreaming it
across government and society
©http://www.flickr.com/photos/planeta/
 Targets 1- 3 under this goal (aka Aichi targets) are
directly related to ecosystem services and the value of
these services to society
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Aichi Targets 1, 2, 3
BY 2020:
 Target 1: People are aware of the values of biodiversity and the
steps they can take to conserve and use it sustainably
 Target 2: Biodiversity values have been integrated into national and
local development, poverty reduction strategies and planning
processes are being incorporated into national accounting
 Target 3: Incentives harmful to biodiversity are eliminated in order
to minimize negative impacts, and positive incentives for the
conservation and sustainable use of biodiversity are applied
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CBD’s Strategic Plan
continued…
 TEEB, in the context of the CBDs Strategic Plan, is an important tool
for mainstreaming biodiversity and integrating values into relevant
strategies and national policy processes
 This plan was also used in the COP 11 decision-making processes in
Hyderabad, India (2012) by providing a platform for governments to
develop, implement and communicate the results of their national
strategies
 TEEB was explicitly referenced in several decisions, for example:
Stakeholder engagement, incentive measures and business
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The Green Economy Initiative
 GE is an economy which is low carbon,
resource efficient and socially inclusive (UNEP,
GER, 2011)
 The underpinning foundation of a green
economy is the full valuation of ecosystem
services and a full cost accounting of
biodiversity, where the costs of biodiversity loss
are fully integrated into society
 The green economy approach recognizes that
nature is not only instrumental in building
today’s economic system but that it also
underpins human development and well being
 The idea behind valuing nature is a critical part
of any transition to a green economy where
TEEB can assist with the more general
application of the green economy approach
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ProEcoServ
 The Project for Ecosystem Services is a GEFfunded umbrella project aimed at piloting the
bundling of ecosystem services
 Develops capacities for decision makers, to assess
trade-offs, development choices, and applies
appropriate ecosystem management tools within
sectoral planning frameworks
 Each country will develop its specific set of
activities, e.g. by focusing on a few select
regulating ecosystem services in decline
©proecoserv.org
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The Sub Global Assessment
(SGA) Network
 Established by UNEP in collaboration with a consortium of partners
to provide ongoing support to SGA’s catalyzed either during the
course of the MA project and beyond
 The SGA Network aims to support global processes such as the
IPBES by providing a network of assessment practitioners and
carrying out a range of capacity building activities
 It is currently hosted by a Secretariat which operates through a joint
arrangement between the UNEP World Conservation Monitoring
Centre & the Cropper Foundation
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The Natural Capital Project
 The Natural Capital Project is a partnership to
provide decision makers with reliable ways to
assess the true value of the services that ecosystems
provide.
 The project has also developed InVEST, family
software-based tools, which allows decision-makers
to:
 quantify the importance of natural capital
 assess the tradeoffs associated with alternative
choices
 integrate conservation and human development
©naturalcapitalproject
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UNDP’s ‘Biodiversity Superpower’
Initiative
 Launched in 2008, to assess and communicate
the economic contribution of biodiversity and
ecosystems services to development in Latin
America and the Caribbean (LAC)
 Final 2010 report highlights the importance of
the region’s endowment of natural capital as a
source of economic growth
 The report demonstrates the hidden costs and
hidden opportunities of ecosystem services by
individual economic sectors
© UNDP, 2010
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World Bank WAVES Programme
© 2012 Wealth Accounting and the Valuation of Ecosystem Services
 Wealth Accounting and the Valuation of
Ecosystem Services (WAVES) is a global
partnership that aims to:
1)promote sustainable development by ensuring
that the national accounts used to measure
2)plan for economic growth include the value of
natural resources
 WAVES intends to implement environmental
accounting where there are internationallyagreed standards, and develop standard
approaches for other ecosystem service accounts
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Group Exercise
Quiz Time!
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Module 3 Summary
 Various different conceptual frameworks are available for
ecosystem assessments
 Whichever framework is most relevant for you to use will
depend on specific policy contexts and user requirements
 Many challenges exists with ecosystem valuation, particularly
with monetary valuation – however if used appropriately and in
the right context, many opportunities also exist.
 Many initiatives have been launched that have started to
translate these concepts into actions
 The TEV approach is usually the approach that is mostly
associated with TEEB
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THANK YOU!
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