Navigation Links
TEEB study leader emphasizes urgent need for action on biodiversity loss

New York, 21 May 2010 - Activities taking place around the world on the hosted by the United Nations Environment Programme with financial support from the European Commission; Germany, UK, Norway, Netherlands and Sweden [Saturday 22 May] reflect the growing recognition of the importance of biodiversity to all human well-being and for sustaining the ecosystems we all depend upon.

The Economics of Ecosystems and Biodiversity (TEEB) study leader, Pavan Sukhdev says that the day should act as a catalyst for galvanising action to prevent further loss of biodiversity.

'We can and must bring vigorous new thinking to the table to help undo the ongoing damage to our planet's biodiversity' Pavan Sukhdev commented from UNEP New York today.

Awareness of the importance of biodiversity is rising on government and business agendas. There is increasing evidence and understanding about what is being lost in terms of biodiversity, its impacts on the functioning of ecosystems and actions that can be taken to prevent continuing losses.

Hosted by the United Nations Environment Programme, The TEEB study is undertaking an extensive review of the science and economics of ecosystems and biodiversity. By synthesising these different disciplines the study is providing clear recommendations and practical steps forward for addressing biodiversity loss.

The economic case for biodiversity provides compelling motivation for the need to urgently address policy and business practice moving forward. TEEB estimated that the Net Present Value (NPV) of annual Natural Capital loss as a result of forest loss is between EUR 1.35 trillion - EUR 3.1 trillion (US$ 2.0 trillion US$ 4.5 trillion). In September last year TEEB highlighted the coral reef crisis, an ecosystem at a tipping point and one that provides significant human welfare benefits (fisheries, shoreline protection, tourism, recreation and aesthetic value) estimated to be valued as much as US$ 172 billion annually. Within the TEEB reports there are many more examples of the economic argument for conservation and ecological restoration.

Pavan Sukhdev continues: 'Biodiversity Day reminds us that we are only five months away from the Convention on Biological Diversity's COP10 meeting in Nagoya. We must all work towards making the meeting in Nagoya a decisive moment in history. One in which, by recognising the social, economic and ethical dimension of biodiversity loss, political and business leaders take practical steps forward to prevent the continued degradation of our environment and the resulting impacts on human well being.'

The TEEB for Policy Makers report released in November 2009 called for governments to reform and enhance national accounting systems to incorporate the value of Natural Capital; to establish payments for ecosystem services, to reform environmentally harmful subsidies and to invest in ecological restoration.

In July TEEB will release its report for business at the first Global Business of Biodiversity Symposium, taking place in London on 13 and 14 July. In September the TEEB for Local and Regional Policy report will be released. Final findings of the TEEB study will be released at the CBD COP10 meeting in Nagoya in October 2010.


Contact: Tilo Arnhold
Helmholtz Association of German Research Centres

Related biology news :

1. Study uncovers optimal ecology of bioinsecticide
2. New lab manual for studying the biology of the nervous system in Drosophila is released
3. NIH grants K-State researcher nearly $1.5 million to study antibiotic-resistant bacteria
4. UT study finds viruses in untreated East Tennessee drinking water
5. New study reveals ways to better inhibit blood clots
6. Hammerhead shark study shows cascade of evolution affected size, head shape
7. Gene fusions may be the smoking gun in prostate cancer development, U-M study finds
8. U of Minn. study finds rising levels of dioxins from common soap ingredient in Mississippi River
9. New study reveals link between climate footprints and mass mammal
10. Invasive kudzu is major factor in surface ozone pollution, study shows
11. Immune system compromised during spaceflight, study finds
Post Your Comments:
(Date:11/9/2015)... 2015  Synaptics Inc. (NASDAQ: SYNA ), the ... entry into the automotive market with a comprehensive and ... of consumer electronics human interface innovation. Synaptics, industry-leading touch ... the automotive industry and will be implemented in numerous ... , Japan , and ...
(Date:10/29/2015)... 29, 2015  The J. Craig Venter Institute (JCVI) ... Synthesis and Biosecurity: Lessons Learned and Options for the ... and Human Services guidance for synthetic biology providers has ... --> --> Synthetic biology ... potential to pose unique biosecurity threats. It now is ...
(Date:10/29/2015)... , October 29, 2015 ... authentication company focused on the growing mobile commerce ... announces that StackCommerce, a leading marketplace to discover ... the Wocket® smart wallet on StackSocial for this ... ("NXT-ID" or the "Company"), a biometric authentication company ...
Breaking Biology News(10 mins):
(Date:12/1/2015)... -- Symic, a clinical-stage biotherapeutics company developing multiple compounds that ... that it has secured $25 million in a Series ... lead candidates SB-030 and SB-061. The financing was led ... existing major investors, as well as several new investors. ... Symic to over $43 million since being founded in ...
(Date:12/1/2015)... Austin, Texas (PRWEB) , ... December 01, 2015 , ... ... In his new post, VerMilyea will oversee all IVF lab procedures as ... analysis and fertility preservation. , “We traveled 7,305 miles to Auckland, New Zealand to ...
(Date:11/30/2015)... ... 2015 , ... Global Stem Cells Group today ... Santiago Marriott. The Global Stem Cells Group GMP facility is equipped with the ... medical researchers and practitioners, experienced in administering stem cell protocols using highly manipulated ...
(Date:11/30/2015)... Partnership includes an MPP licen ... niversity , s Solid Drug Nanoparticle (SDN) Technology ... up through cost cuts of priority ... licensees based anywhere in the world will have the right to make, use and ... , where licensees based anywhere in the world will have the right to make, ...
Breaking Biology Technology: