1. TEEB Training Session 3: From Concepts to Action

2. TEEB Training  World governments gathered at the 2010 CBD Conference of Parties meeting in Nagoya and agreed upon a strategic plan for 2020 Purpose: recognize and capture the value of biodiversity, ecosystems and ecosystem services.  Strategic plan is divided into five strategic goals  The first goal is most relevant to TEEB = addressing the underlying causes of biodiversity mainstreaming it across government and society  Targets 1- 3 under this goal (aka Aichi targets) are directly related to ecosystem services and the value of these services to society CBD’s Strategic Plan ©http://www.flickr.com/photos/planeta/

3. TEEB Training Aichi Targets 1, 2, 3 BY 2020:  Target 1: People are aware of the values of biodiversity and the steps they can take to conserve and use it sustainably  Target 2: Biodiversity values have been integrated into national and local development, poverty reduction strategies and planning processes are being incorporated into national accounting  Target 3: Incentives harmful to biodiversity are eliminated in order to minimize negative impacts, and positive incentives for the conservation and sustainable use of biodiversity are applied

4. TEEB Training CBD’s Strategic Plan continued…  TEEB, in the context of the CBDs Strategic Plan, is an important tool for mainstreaming biodiversity and integrating values into relevant strategies and national policy processes  This plan was also used in the COP 11 decision-making processes in Hyderabad, India (2012) by providing a platform for governments to develop, implement and communicate the results of their national strategies  TEEB was explicitly referenced in several decisions, for example: Stakeholder engagement, incentive measures and business

5. TEEB Training  GE is an economy which is low carbon, resource efficient and socially inclusive (UNEP, GER, 2011)  The underpinning foundation of a green economy is the full valuation of ecosystem services and a full cost accounting of biodiversity, where the costs of biodiversity loss are fully integrated into society  The green economy approach recognizes that nature is not only instrumental in building today’s economic system but that it also underpins human development and well being  The idea behind valuing nature is a critical part of any transition to a green economy where TEEB can assist with the more general application of the green economy approach The Green Economy Initiative

6. TEEB Training  The Project for Ecosystem Services is a GEF- funded umbrella project aimed at piloting the bundling of ecosystem services  Develops capacities for decision makers, to assess trade-offs, development choices, and applies appropriate ecosystem management tools within sectoral planning frameworks  Each country will develop its specific set of activities, e.g. by focusing on a few select regulating ecosystem services in decline ProEcoServ ©proecoserv.org

7. TEEB Training The Sub Global Assessment (SGA) Network  Established by UNEP in collaboration with a consortium of partners to provide ongoing support to SGA’s catalyzed either during the course of the MA project and beyond  The SGA Network aims to support global processes such as the IPBES by providing a network of assessment practitioners and carrying out a range of capacity building activities  It is currently hosted by a Secretariat which operates through a joint arrangement between the UNEP World Conservation Monitoring Centre & the Cropper Foundation

8. TEEB Training The Natural Capital Project  The Natural Capital Project is a partnership to provide decision makers with reliable ways to assess the true value of the services that ecosystems provide.  The project has also developed InVEST, family software-based tools, which allows decision-makers to:  quantify the importance of natural capital  assess the tradeoffs associated with alternative choices  integrate conservation and human development ©naturalcapitalproject

9. TEEB Training UNDP’s ‘Biodiversity Superpower’ Initiative  Launched in 2008, to assess and communicate the economic contribution of biodiversity and ecosystems services to development in Latin America and the Caribbean (LAC)  Final 2010 report highlights the importance of the region’s endowment of natural capital as a source of economic growth  The report demonstrates the hidden costs and hidden opportunities of ecosystem services by individual economic sectors © UNDP, 2010

10. TEEB Training World Bank WAVES Programme  Wealth Accounting and the Valuation of Ecosystem Services (WAVES) is a global partnership that aims to: 1)promote sustainable development by ensuring that the national accounts used to measure 2)plan for economic growth include the value of natural resources  WAVES intends to implement environmental accounting where there are internationally- agreed standards, and develop standard approaches for other ecosystem service accounts © 2012 Wealth Accounting and the Valuation of Ecosystem Services

11. TEEB Training Group Exercise Quiz Time!

12. TEEB Training Module 3 Summary  Various different conceptual frameworks are available for ecosystem assessments  Whichever framework is most relevant for you to use will depend on specific policy contexts and user requirements  Many challenges exists with ecosystem valuation, particularly with monetary valuation – however if used appropriately and in the right context, many opportunities also exist.  Many initiatives have been launched that have started to translate these concepts into actions  The TEV approach is usually the approach that is mostly associated with TEEB

13. TEEB Training THANK YOU!