Posts Tagged ‘TEEB’

TEEB on TED

Friday, December 30th, 2011

On TED, Pavan Sukhdev – who lead the TEEB initiative – explains why we need to “value nature” in order to manage it sustainably.

He ends his talk on the suggestion to focus efforts on “green” and “blue” carbon as part of climate change mitigation. Green and blue carbon is the carbon stored in terrestrial and marine ecosystems respectively.

Pavan Sukhdev tells us that he strongly supports the REDD+ mechanisms, whereby emitting countries fund projects in forested countries that avoid deforestation and/or forest degradation. There is a lot of potential there for synergies between carbon sequestration goals and the continued provision of other ecosystem services (and biodiversity).

Concerning blue carbon, it is interesting to note how he explains that we, collectively, have made the ethical choice to lose coral reefs through unmitigated climate change. It was probably an implicit choice, but it is quite revealing that Pavan Sukhdev and TEEB recognize that there are critical thresholds of biodiversity and ecosystem service loss. Those thresholds can be ecological (to avoid extinction or complete loss) or social but they certainly define the boundaries of our future life support system. Good debates to be had there…

Biodiversity in Europe – The message from Liège

Wednesday, September 30th, 2009

On 22-24 September, representatives from government, NGOs and business met in Liège (Belgium) for the 5th Intergovernmental Conference on “Biodiversity in Europe”.

The conference produced a “Message from Liège”, in which European conservation leaders list a range of priorities and recommendations to:

  • Conserve ecosystem services
  • Address the biodiversity impacts of climate change
  • Integrate biodiversity into other sectors of society
  • A new target was suggested to “halt any further loss of species and habitats” and, by 2025, “restore degraded areas with an emphasis on links between biodiversity, ecosystem services, climate change and human well-being”.

    Opening ceremony of the 5th Intergovernmental Conference on “Biodiversity in Europe” (from the official website)

    Opening ceremony of the 5th Intergovernmental Conference on “Biodiversity in Europe” (from the official website)

    The official conference website provides a wealth of links and information in the form of background reports and documents provided to participants. In fact, the selection on offer would warrant a proper analysis in itself. Meanwhile, take your pick!

    TEEB at centre stage

    Many reports were based on the work of the TEEB project. TEEB stands for The Economics of Ecosystems and Biodiversity. It aims to draw attention to the global economic benefits of biodiversity and the costs of biodiversity loss and ecosystem degradation, using similar approach as in the Stern report for climate change.

    The TEEB interim report, published in May 2008, was summarized for workshop participants. It’s policy recommendations include expanding the polluter-pay principle to biodiversity loss and ecosystem service degradation (e.g. through the on-site or off-site compensation or offsetting of unavoidable impacts) and to create new markets for biodiversity and ecosystem services (e.g conservation or habitat banks) (see Chapter 4).

    Both instruments require a common currency for offsetting biodiversity and ecosystem services. This requires operational as well as ecologically valid and socially acceptable methods for assessing ecological equivalence. Developing these methods is currently one of the main bottlenecks to the spread of biodiversity offsets.