The importance of assessing the true value of nature and biodiversity to the economy and to society is becoming increasingly recognised by citizens and policy makers. This, together with growing concern over the loss of biodiversity worldwide, has led the development of assessments aiming to recognise, demonstrate and capture the value of biodiversity and healthy ecosystems for the purposes of decision making.
The benchmark study in this area is The Economics of Ecosystems and Biodiversity (TEEB) initiative. IEEP has been closely involved in this study from its early stages having led or partnered key supporting studies on the state of scientific knowledge on ecosystem services and the economic value of ecosystem services. IEEP coordinated the TEEB synthesis for National and International Policy Making, and authored sections on key issues including subsidy reform, biodiversity banking, biodiversity and ecosystem service indicators, and the value of protected areas.
We have also carried out several regional and national studies highlighting the value of biodiversity. These include, for example, assessments of the socio-economic value of ecosystem services in the Nordic countries (TEEB Nordic), Finland (TEEB for Finland) and the Arctic region. Furthermore, we have been involved in several studies looking at the costs and benefits of policy action on biodiversity, including costs of policy inaction or opportunity costs related to action.
Exploring socio-economic benefits of protected areas is a key focus of our work. We have been playing a leading role in the development of estimates for the costs and benefits of managing the EU Natura 2000 network, including increasing awareness on the benefits and finding effective ways of communicating these benefits to stakeholders at the local, national and European level. We have also developed dedicated guidance to practitioners on assessing social and economic benefits of protected areas.
The IUCN World Commission on Protected Areas (WCPA) has published a new book on protected area governance and management. IEEP’s Marianne Kettunen played a key role in supporting the chapter on values and benefits of protected areas.
Finland joins the ranks of countries that have carried out a dedicated assessment of their ecosystem services. Like similar studies elsewhere, the assessment concludes that ecosystem services underpin the country’s social and economic well-being and should therefore form the basis of the transition to a green economy in Finland.
TEEB for Finland presents the results of a national assessment of the socio-economic importance of ecosystem services in Finland. It provides a review of the country’s most relevant ecosystem services while also considering opportunities and tools for their sustainable management.
A case study which looks into the extent to which the Eco-accounts in place in Baden-Württemberg in Germany are effective and consistent with the EU’s no-net-loss objective and international offsetting principles.
The landmark international forum on protected areas - IUCN World Parks Congress (WPC) – will take place in in Sydney 12 – 19 November. IEEP’s Marianne Kettunen will be attending the event, showcasing and drawing lessons from IEEP’s longstanding work on protected areas.
The third edition of the Beyond GDP newsletter provides the latest developments in the area of environmental-economic and ecosystem capital accounting, including an interview with Eurostat’s Head of environmental accounts.
Thursday 12th December: IEEP and UNEP are hosting two webinar discussions on the values of water and wetlands and how to mainstream these values into policy-making in order to promote wise use and management.
A webinar on social and economic benefits of protected landscapes was organised by Europarc Atlantic Isles on 20 November. IEEP’s Marianne Kettunen kicked off the event by a European overview and some key considerations of assessing benefits in practice.
IEEP’s Marianne Kettunen outlined key perspectives on the valuation of coastal and marine ecosystem services in a regional workshop on the Valuation of Marine and Coastal Ecosystem Services in the Baltic Sea, Stockholm (7-8 Nov 2013)
There is an urgent need to find sufficient resources to enable developing countries to implement the global targets for biodiversity by 2020. Financing the conservation and sustainable use of biodiversity from different sectoral funding flows can complement global biodiversity financing.
Mire ecosystems are well-known for their unique species and habitats of high conservation value and they also provide a range of benefits to our societies and economies. This publication outlines the results of a pioneering project that aimed to identify and valuate ecosystem services provided by pristine mires and managed peatlands in Finland.
Investments in nature and green infrastructure have helped meet Cohesion Policy objectives and vice-versa. This new guide presents some examples, tools and approaches making it a useful toolkit for stakeholders implementing Cohesion Policy up to 2020.
This study provides technical support to inform the Commission’s Impact Assessment and consideration of initiatives at EU level on the ratification and implementation of the Nagoya Protocol by the EU and its Member States.
A new book by IEEP researchers will be published on 15 August offering a comprehensive introduction to the socio-economic benefits of protected areas and providing step-by-step guidance on identifying, assessing and valuing the various benefits they provide.
Co-authored by IEEP staff, the Manual is for anyone who is considering or currently undertaking a TEEB country study. Its purpose is to provide guidance throughout the entire TCS cycle, from initiation to policy analysis and ecosystem service valuations, communicating findings, and using results to support decision making.
This guidance document has been prepared to support practitioners of National Biodiversity Strategies and Action Plans to update their plans to incorporate biodiversity and ecosystem service values. Six in depth country case studies provide common lessons of good practice.