TEEB: The Economics of Ecosystems and Biodiversity Overview of Process, Content and Approach

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1 TEEB: The Economics of Ecosystems and Biodiversity Overview of Process, Content and Approach Heidi Wittmer TEEBAgriFood writers workshop Paris, 9-10 May 2016

2 TEEB s genesis Potsdam Initiative Biological Diversity 2010 the economic significance of the global loss of biological diversity. TEEB Interim Report CBD COP-9, Bonn, May 2008 TEEB Climate Issues Update Strömstad September TEEB Main Reports Nov Oct CBD COP-10, Nagoya

3 TEEB s main reports Ecological & Economic Foundations Policy Evaluation for National Policy Makers Assessment and Policies for Local and Regional Policy Makers Business Risks & Opportunities Synthesis TEEB's mission is to make Nature economically visible

4 TEEB is not. It is not a research project: very little original research Assessment: actors, timelines, way of planning no new methods developed What TEEB is aiming for Synthesis of existing knowledge on economics of ecosystems and biodiversity -> a type of assessment Building on the MEA, refining the part on benefits, values and response options. Prepared for different users in public, politics and business Active and worldwide dissemination with the purpose of awareness raising and mainstreaming 4

5 Process, methodology, approach Process: Time pressed, dynamic, politically timed, multi-actor Methodology of compiling the reports: based on MA, framework for developing response options, open process, quality control: extended peer review, advisory board and coordination group overseeing process Content: overview Approach: 3 tiers: recognizing, demonstrating and capturing value How: Stepwise approach or 6 steps

6 TEEB phase 2 structure Study Leader Group Advisory Board Scientific Coordination Group D1: Policy- Maker TEEB Secretariat E1 D2: Administrator E2 E3 D0: Science & Economics E4 Workshops Call for Evidence Synthesis Papers etc. D3: Business Peer Review Group D4: Consumer U F Z r o l e Workshops Call for Evidence Synthesis Papers etc. E5 E6 E7 E8 E9 E10 E11 E12 E13 E14

7 Basic structure of all TEEB reports: The issue: biodiversity and its importance for human well-being Why is it not solved? What needs to be done? Why is this economically inappropriate? How to describe and measure it? Human dependence Quantities Indicators Monetary and non-monetary values What can we do about it? Solutions, policy options How to make it happen? Vision what we can achieve.

8 Ecological and Economic Foundations: summarizing the state of the art Integrating the ecological and economic Biodiversity, ecosystems and services Measuring biophysical quantities Socio-cultural context of valuation Economics of valuing Discounting, ethics, maintaining integrity Key messages and links to policy

9 The Need for Action Global biodiversity challenge Loss of public goods Frameworks for policy response Measuring what we manage BD & ecosystem service indicators Natural capital accounts Valuation and assessments Available Solutions PES water, IPES REDD+ Markets, GPP Subsidy reform Legislation, liability, taxes & charges Protected areas Investment in natural capital Responding to the value of nature

10 Policy Options Overview National and International Providing Information Setting Incentives Regulating Use TEEB for National Policy, Chap.2

11 The Report: Table of Contents Part I: The Opportunity Chapter 1: The Value of Nature for Local Development Part II: The Tools Chapter 2: Conceptual Frameworks for Considering the Benefits of Nature Chapter 3: Tools for Valuation and Appraisal of Ecosystem Services in Policy Making Part III: The Practice Chapter 4: Ecosystem Services in Cities and Public Management Chapter 5: Ecosystems Services in Rural Areas and Natural Resource Management Chapter 6: Spatial Planning and Environmental Assessments Chapter 7: Ecosystem Services and Protected Areas Chapter 8: Payments for Ecosystem Services and Conservation Banking Chapter 9: Certification and Labelling Part IV: Conclusion Chapter 10: Making Your Natural Capital Work for Local Development Overview of tools and databases

12 Policy Options Overview Local and Regional Management & Regulation Planning & Regulation Market Based Instruments Chapter 4: Chapter 5: Chapter 6: Chapter 7: Chapter 8: Chapter 9: Ecosystem Services in Cities and Public Management Ecosystem Services in Rural Areas and Natural Resource Management Spatial Planning and Environmental Assessment Ecosystem Services and Protected Areas Payments for Ecosystem Services and Conservation Banking Certification and Labeling

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