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TEEB report released on the economics of ecosystems and biodiversity for policy makers
Date:11/13/2009

environmentally harmful subsidies: reforming subsidies that are inefficient, outdated or harmful makes double sense during a time of economic and ecological crisis.

  • Address losses through regulation and pricing: The cost of losses of biodiversity and ecosystem services should be tackled through regulatory frameworks that establish environmental standards and liability regimes. Designing a robust instrumental and market framework to confront resource users with these costs is a key priority for policy makers.

  • Recognize that protected areas are a cornerstone of conservation policies and provide multiple benefits: The global PA network covers around 13.9% of the Earth's land surface, 5.9% of territorial seas, and only 0.5% of the high seas: nearly a sixth of the world's population depends on protected areas for a significant percentage of their livelihoods. Investing $45 billion in protected areas could secure vital nature-based services worth some $5 trillion a year, including the sequestration of carbon, the protection and enhancement of water resources and protection against flooding (Balmford et al. 2002). There are also employment incentives for example, in Bolivia protected-area tourism generates over 20,000 jobs, indirectly supporting over 100,000 people (Pabon-Zamora et al. 2009)

    The TEEB study shows that benefits of reform are multiple. It also reinforces the growing evidence that there are a number of urgent strategic ecosystem priorities that require policy shifts to address them:

  • Halt deforestation and forest degradation: This should be an integral part of climate change mitigation and adaptation focused on 'green carbon'. It has the added benefit of preserving the huge range of services and goods forests provide to local people and the wider community;

  • Protect tropical coral reefs and the associated livelihoods of half a billion people through major efforts to avoid global temperature rise;

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  • Contact: Tilo Arnhold
    presse@ufz.de
    49-341-235-1635
    Helmholtz Association of German Research Centres
    Source:Eurekalert  

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