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7<br />

Addressing losses<br />

through regulation and pricing<br />

Chapter 7 focuses on ways to increase accountability<br />

for the cost of damage to biodiversity and ecosystem<br />

services in order to curb further losses.<br />

to underpin all policies, aligned with the<br />

polluter pays principle. describes the role of<br />

and shows how economic information<br />

can be used to inform and target regulatory<br />

standards. analyses designed<br />

to ensure no net loss or a net gain of biodiver-<br />

"If we were running a business with the biosphere as our major<br />

asset, we would not allow it to depreciate. We would ensure<br />

that all necessary repairs and maintenance<br />

were carried out on a regular basis."<br />

Prof. Alan Malcolm, Chief Scientific Advisor, Institute of Biology,<br />

IUPAC -- ThE INTERNATIoNAL UNIoN of Pure and Applied Chemistry<br />

http://www.naturalcapitalinitiative.org.uk/34-quotes/<br />

sity and ecosystem services. discusses the scope<br />

and limitations of in delivering<br />

additional conservation gains and encouraging<br />

innovative approaches. addresses the critical need<br />

to improve and international cooperation<br />

in the area of . concludes<br />

the chapter with design indicators for a<br />

<strong>TEEB</strong> FoR NATIoNAL AND INTERNATIoNAL PoLICy MAKERS - ChAPTER 7: PAGE 3

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