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The EU’s 2020 biodiversity strategy, to be presented next week, will pave the way for the value of nature to be taken into account across all policies, including factoring the environment and ecosystems into national economic plans. “There is a need for economic valuation of the benefits and costs of protecting biodiversity in order to make progress, and better guide and orient policymaking, while being aware that not everything can be valued in monetary terms,” said François Wakenhut, head of the European Commission’s biodiversity unit, speaking earlier this month at an event in the European Parliament. Read More
