REBEL Review of Economics of Biodiversity Loss

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• Latin America and the Caribbean
• Civil Society Forum
• TEEB

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TEEB Interim ReportThree Key Messages
Economic Size Welfare Impact of Losses is huge
Strong link with Poverty risk of MDGs failure
Discount rates are ethical choices
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Level of Biodiversity in the World in 2000 Mean
Species Abundance (MSA) indicator
Remaining MSA in
Source Ben ten Brink (MNP) presentation at the
Workshop The Economics of the Global Loss of
Biological Diversity 5-6 March 2008, Brussels,
Belgium.
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Level of Biodiversity in the World in 2050 One
Scenario of the future OECD/Globio
Remaining MSA in

• MSA loss from 72 to 61
• Natural Areas decline by 7.5 Million Sq. Km.

Source Ben ten Brink (MNP) presentation at the
Workshop The Economics of the Global Loss of
Biological Diversity 5-6 March 2008, Brussels,
Belgium.
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Losses in PV terms (COPI study, May 2008)
A 50-year impact of inaction or business
as usual
B Natural Capital Loss every year
Natural Capital Lost Annually EUR 1.35 x 1012
to 3.10 x 1012 (_at_ 4 (_at_ 1 Discount
Rate) Discount Rate)
Welfare losses equivalent to 7 of GDP,
horizon 2050
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Global Loss of Fisheries Human Welfare Impact

• Open Access Perverse Subsidies are key drivers
  of the loss of fisheries
• Half of wild marine fisheries are fully
  exploited, with a further quarter already
  over-exploited
• at risk 80-100 billion income from the
  sector
• at risk est. 27 million jobs
• but most important of all..

We are fishing down the food web to ever smaller
species
at risk Health over a billion rely on fish as
their main or sole source of animal protein,
especially in developing countries.
Source Ben ten Brink (MNP) presentation at the
Workshop The Economics of the Global Loss of
Biological Diversity 5-6 March 2008, Brussels,
Belgium. Original source Pauly
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TEEB Interim ReportFrom Economics to Policies
Rethink todays subsidies to meet tomorrows
priorities
Reward unrecognized benefits, penalize
uncaptured costs
Share the benefits of conservation
Measure what we Manage !
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TEEB Final ReportsNov 2009 August 2010
Science Economics Foundations, Policy Costs,
Costs of Inaction
Policy Evaluation for Policy-Makers
Decision Support for Administrators
Business Risks Opportunities
Citizen Consumer Ownership