The central economic importance of the world’s natural assets is now firmly on the political radar as a result of an international assessment showcasing the enormous economic value of forests, freshwater, soils and coral reefs, as well as the social and economic costs of their loss, the head of The Economics of Ecosystems and Biodiversity (TEEB) said today. the three-year TEEB study, which has involved hundreds of experts from around the world, launched its final report at the Convention on Biological Diversity’s 10th Conference of Parties meeting (CBD COP10) in Nagoya Japan. Evidence of the impact of the study is shown by countries including India and Brazil, announcing plans for implementation of economic valuation of their natural capital and the inclusion of the value of nature’s services in decision-making. Learn More
