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Chapter 10: Responding to the value of nature Chapter Coordinators: Patrick ten Brink (Institute for European Environmental Policy – IEEP) and Heidi Wittmer (Helmholtz Centre for Environmental Research – UFZ) Lead authors: Patrick ten Brink, Augustin Berghöfer, Aude Neuville, Christoph Schröter-Schlaack, Alexandra Vakrou, Stephen White, and Heidi Wittmer Editing and language check: Clare Shine Acknowledgements: for comments and inputs from Jonathan Armstrong, David Baldock, Edward Barbier, Rudolf de Groot, Johannes Förster, Marianne Kettunen, Thomas Kretzschmar, Pushpam Kumar, Georgina Langdale, Markus Lehmann, Robin Miège, Helen Mountford, Sander Van der Ploeg, Matt Rayment, Benjamin Simmons, Pavan Sukhdev, Graham Tucker, James Vause, François Wakenhut, Jean-Louis Weber, the many chapter authors and contributors upon which this builds* and many others. Disclaimer: The views expressed in this chapter are purely those of the authors and may not in any circumstances be regarded as stating an official position of the organisations involved. Citation: TEEB – The Economics of Ecosystems and Biodiversity for National and International Policy Makers (2009). URL: www.teebweb.org * See chapters for names of authors and contributors. TEEB for Policy Makers Team TEEB for Policy Makers Coordinator: Patrick ten Brink (IEEP) TEEB for Policy Makers Core Team: Bernd Hansjuergens (UFZ), Sylvia Kaplan (BMU, Germany), Katia Karousakis (OECD), Marianne Kettunen (IEEP), Markus Lehmann (SCBD), Meriem Bouamrane (UNESCO), Helen Mountford (OECD), Alice Ruhweza (Katoomba Group, Uganda), Mark Schauer (UNEP), Christoph Schröter-Schlaack (UFZ), Benjamin Simmons (UNEP), Alexandra Vakrou (European Commission), Stefan van der Esch (VROM, The Netherlands), James Vause (Defra, United Kingdom), Madhu Verma (IIFM, India), Jean-Louis Weber (EEA), Stephen White (European Commission) and Heidi Wittmer (UFZ). TEEB Study Leader: Pavan Sukhdev (UNEP) TEEB communications: Georgina Langdale (UNEP)
THE ECONOMICS OF ECOSYSTEMS AND BIODIVERSITY TEEB for National and International Policy Makers Table of Contents Chapter 10 Responding to the value of nature 10.1 Why valuing ecosystem services makes economic sense 3 10.1.1 Values are becoming more visible 3 10.1.2 Markets limitations and the role of public policies 6 10.1.3 Recognising ecosystem service values contributes to better decisions 7 10.2 Measuring to manage our natural capital 10 10.2.1 Better measurement of biodiversity and ecosystem services 10 10.2.2 Better links to macro-economic and societal indicators and national accounts 11 10.2.3 The need for better informed management of natural capital 12 10.3 Reasons to invest in natural capital 13 10.3.1 Investment for climate change mitigation and adaptation 13 10.3.2 Investment in ecological infrastructure 15 10.3.3 Investment in protected areas 16 10.3.4 Restoration of degraded ecosystems 18 10.3.5 Investment in ecological infrastructure supports jobs 19 10.4 Improving the distribution of costs and benefits 21 10.4.1 Making sure the right people pay 21 10.4.2 Setting incentives in line with the distribution of nature’s benefits 22 10.4.3 Clarifying rights to resources: good for people and for the environment 23 10.4.4 Managing transition and overcoming resistance to change 25 10.5 Natural capital that delivers prosperity 27 10.5.1 Policies make a difference 27 10.5.2 Opportunities for improvement 28 10.5.3 The road ahead 29 10.5.4 Building a more resource efficient economy 30 References 32 Acknowledgements 36 TEEB FOR NATIONAL AND INTERNATIONAL POLICY MAKERS - CHAPTER 10: PAGE 1
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Chapter 10: Responding to the value of nature<br />
Chapter Coordinators: Patrick ten Brink (Institute for European Environmental Policy – IEEP) and<br />
Heidi Wittmer (Helmholtz Centre for Environmental Research – UFZ)<br />
Lead authors: Patrick ten Brink, Augustin Berghöfer, Aude Neuville, Christoph Schröter-Schlaack,<br />
Alexandra Vakrou, Stephen White, and Heidi Wittmer<br />
Editing and language check: Clare Shine<br />
Acknowledgements: for comments and inputs from Jonathan Armstrong, David Baldock, Edward Barbier,<br />
Rudolf de Groot, Johannes Förster, Marianne Kettunen, Thomas Kretzschmar, Pushpam Kumar,<br />
Georgina Langdale, Markus Lehmann, Robin Miège, Helen Mountford, Sander Van der Ploeg, Matt Rayment,<br />
Benjamin Simmons, Pavan Sukhdev, Graham Tucker, James Vause, François Wakenhut, Jean-Louis Weber,<br />
the many chapter authors and contributors upon which this builds* and many others.<br />
Disclaimer: The views expressed in this chapter are purely those of the authors and may not in any circumstances<br />
be regarded as stating an official position of the organisations involved.<br />
Citation: <strong>TEEB</strong> – The Economics of Ecosystems and Biodiversity for National and International Policy Makers (2009).<br />
URL: www.teebweb.org<br />
* See chapters for names of authors and contributors.<br />
<strong>TEEB</strong> for Policy Makers Team<br />
<strong>TEEB</strong> for Policy Makers Coordinator: Patrick ten Brink (IEEP)<br />
<strong>TEEB</strong> for Policy Makers Core Team: Bernd Hansjuergens (UFZ), Sylvia Kaplan (BMU, Germany), Katia Karousakis (OECD),<br />
Marianne Kettunen (IEEP), Markus Lehmann (SCBD), Meriem Bouamrane (UNESCO), Helen Mountford (OECD), Alice Ruhweza<br />
(Katoomba Group, Uganda), Mark Schauer (UNEP), Christoph Schröter-Schlaack (UFZ), Benjamin Simmons (UNEP), Alexandra Vakrou<br />
(European Commission), Stefan van der Esch (VROM, The Netherlands), James Vause (Defra, United Kingdom), Madhu Verma<br />
(IIFM, India), Jean-Louis Weber (EEA), Stephen White (European Commission) and Heidi Wittmer (UFZ).<br />
<strong>TEEB</strong> Study Leader: Pavan Sukhdev (UNEP)<br />
<strong>TEEB</strong> communications: Georgina Langdale (UNEP)