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TEEB study leader emphasizes urgent need for action on biodiversity loss
Date:5/21/2010

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.


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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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