Category Archives: TEEB
The economic invisibility of nature
A fusion of economics and ecology is required to properly measure and capture the value of biodiversity. That was the message of an event at Parliament earlier today organised by Biodiversity, the UK all party parliamentary group, chaired by Barry … Continue reading
EFRA Committee Scrutinise White Paper
On Wednesday, 29 June, the Environment, Food and Rural Affairs Select Committee held a one-off evidence session to explore initial reaction to the Natural Environment White Paper (‘The Natural Choice: securing the value of nature’). Representatives of the National Farmers’ … Continue reading
EU announces new strategy to achieve 2020 biodiversity targets
The European commission yesterday proposed a new strategy to achieve the 2020 biodiversity targets by incorporating the valuation of natural capital. The new strategy, which is based on a report by The Economics of Ecosystems and Biodiversity (TEEB), states that … Continue reading
A ‘Decade of Discovery’- the first Census of Marine Life is revealed
2,700 scientists in over 80 nations have collaborated to create the first ever Census of Marine Life (CoML). In a 64 page report, the highlights of over 10 years of marine biological research are presented, with some groundbreaking findings, including … Continue reading
Pricing Nature
This week, as part of the Radio 4 series ‘Costing the Earth’, presenter Tom Heap interviewed various people who are interested in the idea of putting a price on nature. Ian Bateman from the National Ecosystem Assessment explained how this … Continue reading
Can economics save wild nature? And can wild nature save economics?
The concept of monetising biodiversity, generating a ‘net present value’ for a polar bear or a ‘discount rate’ for seasonally dry tropical forest, might fill ecologists and conservationists with dread. Still reeling from the after-effects of the financial crisis, do … Continue reading