1. Study on The Economics of Ecosystems and Biodiversity (TEEB)
CGBN
Co-ordination Group
for Biodiversity and Nature
3rd meeting - 21/10/08
Agenda item 2.C
Study on The Economics of Ecosystems and Biodiversity (TEEB)
- State of Play and Phase II -

2. Origin of TEEB The 2006 Biodiversity Action Plan (Activity B 2.1.2.)
“Strengthen understanding and communication of the values of natural capital and of ecosystem services, and the taking into account of these values in the policy framework, expand incentives for people to safeguard biodiversity”
Potsdam initiative for biodiversity (G8+5 Environment Ministers March 2007)
“In a global study we will initiate the process of analysing the global economic benefit of biological diversity, the costs of the loss of biodiversity and the failure to take protective measures versus the costs of effective conservation”
Launched in Summer 2007 by COM DG ENV and DE BMU

3. Some initial difficulties Global scope Huge complexity of the subject
A global study
Some initial difficulties
Global scope
Huge complexity of the subject
Science less mature than for climate change
But favourable timing
Several biodiversity-related initiatives notably follow-up to the Millennium Ecosystem Assessment (MA)
Growing interest for the economic significance of benefits from biodiversity / ecosystem services and increasing scientific evidence

4. Phase I Launch of specific studies
Organise web-based call for evidence
Appointment of study leader (Pavan Sukhdev from Deutsche Bank)
Establishment of high-level advisory board
Workshop in March 2008
Input from many experts
Presentation of interim report at CBD COP9 May 2008

5. Interim Report Launch was a major success
Highest interest with media, general public, decision makers, etc…
Within weeks out of print Reprinted and translated into FR, ES, IT, CZ, PL
‘Road show’ ongoing
Download at

6. Phase II content Running until CBD COP10 5 key deliverables (D0-D4)
D0 - “theory” deliverable, global ‘standard’ for ecosystem and biodiversity valuations
final version of a valuation framework
a valuation methodology
evaluation of policy cost
D1-D4 defined set of end-user interfaces targeted at
D1 policy-makers
D2 local administrations
D3 business, enterprises
D4 individuals/consumers
D0 and D1 to be presented in fall 2009

7. Phase II operational structure

8. Outlook Major principles Inclusive and open process Independent
Soundest possible science
Next steps
New call for evidence launched (until March 2009)
Setting up of Secretariat, nominating of study leaders etc…
Specific expert meetings and workshops in 2009
Outreach campaign
Pavan Sukhdev will need the support from all of you!
If TEEB successful, major opportunity to ‘make the case’ for biodiversity