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The Economics of Ecosystems and Biodiversity (TEEB)

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TitleThe Economics of Ecosystems and Biodiversity (TEEB)
CreatorUNEP; Department for Environment, Food and Rural Affairs (Defra); Bundesministerium für Umwelt, Naturschutz und Reaktorsicherheit (BMU); European Commission
DescriptionThe Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative to draw attention to the global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, and to draw together expertise from the fields of science, economics and policy to enable practical actions moving forward. The TEEB study aims to: Integrate ecological and economic knowledge to structure the evaluation of ecosystem services under different scenarios; Recommend appropriate valuation methodologies for different contexts; Examine the economic costs of biodiversity decline and the costs and benefits of actions to reduce these losses; Develop "toolkits" for policy makers at international, regional and local levels in order to foster sustainable development and better conservation of ecosystems and biodiversity; Enable easy access to leading information and tools for improved biodiversity practice for the business community – from the perspective of managing risks, addressing opportunities, and measuring impacts; Raise public awareness of the individual's impact on biodiversity and ecosystems, as well as identifying areas where individual action can make a positive difference. TEEB will produced a number of reports and other publications. The study is underpinned by a volume on the ecological and economic foundations of TEEB (TEEB d0).
URLhttp://www.teebweb.org/
LanguageEnglish
CountryINTERNATIONAL
KeywordsTEEB; biodiversity; economic; ecosystems; economic growth; unsustainable consumption; diversity; sustainable development; reports; publications
TypePublications
AccessPublic
 
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 Published: November 17 2009 | Last updated: November 19 2009