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Economics, Trade and Incentive Measures
Economics, Trade and Incentive Measures
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The Economics of Ecosystems and Biodiversity (TEEB)
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Biodiversity generates and helps to maintain the supply of many ecosystem services that are essential for human well-being and economic development. Numerous studies have underscored the considerable
economic value
of these goods and services. For instance, global benefits from
coral reefs
including
tourism
, fisheries and coastal protection are estimated at some US$30 billion per year; insect pollination of over 40 commercial crops in the United States alone at US$30 billion per year. The market for herbal drugs amounted to US$47 billion in 2000.
Many biodiversity-based ecosystem services are not traded on markets, and their value is not properly reflected in market prices. The economic work under the Convention seeks to promote the valuation of these services, and to introduce measures that correct the incentives of individuals, governments and companies towards more effective conservation and sustainable use of biodiversity, such as promoting the trade of biodiversity-based goods that are produced in a sustainable manner. It also seeks to ensure the mutual supportiveness of international trade rules and the objectives of the Convention.
What's new
17 February 2012
Press Release: Capacity-building workshop for North Africa and the Middle East on mainstreaming the economics of ecosystems and biodiversity (TEEB) into national planning and decision-making
Notifications
30 March 2012
Regional workshop on valuation and incentive measures for Eastern Europe and Central Asia, Tbilisi, Georgia, 29 to 31 May 2012
27 March 2012
Regional workshop on valuation and incentive measures for Eastern Europe and Central Asia, Tbilisi, Georgia, 29 to 31 May 2012
19 March 2012
Sub-regional Workshop on Valuation and Incentive Measures for South America, Santiago, Chile, 15 to 17 May 2012
Upcoming Meetings
15 May 2012 - 17 May 2012, Santiago, Chile
Regional Workshop on Valuation and Incentive Measures for South America
29 May 2012 - 31 May 2012, Tbilisi, Georgia
Sub-regional Workshop on Valuation and Incentive Measures for Eastern Europe and Central Asia
20 June 2012 - 22 June 2012, Rio de Janeiro, Brazil
United Nations Conference on Sustainable Development (UNCSD) - Rio + 20
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