The Economics of Ecosystems and Biodiversity briefing

Transcription

1 GRI OS Online Meeting The Economics of Ecosystems and Biodiversity briefing Venue, Date Venue, Date

2 Today s Agenda What is the Context for TEEB? Points from TEEB GRI s Plans on Ecosystem Services Venue, Date

3 Context for TEEB Venue, Date Venue, Date

4 The Obvious Issue Photo by Federico Stevanin from Venue, Date

5 Ecosystem Services

6 Why are we losing biodiversity? Source: Millennium Ecosystem

7 Why does biodiversity loss matter?

8 Ecosystems and Business Public Policy BIP TEEB Biodiversity & Ecosystems Markets WBCSD Corporate Planning and Investments WRI B&B Corporate Management Processes Valuation GRI Performance Measurement Reporting

9 Messages from TEEB Venue, Date Venue, Date

10 TEEB s genesis Potsdam Initiative Biological Diversity 2010 the economic significance of the global loss of biological diversity. TEEB Interim Report CBD COP-9, Bonn, May 2008 TEEB Climate Issues Update Strömstad September TEEB Main Reports Nov Oct. 2010

11 TEEB s main reports Science & Economics Foundations Policy Evaluation for National Policy- Makers Evaluation & Decision Support for Local and Regional Policy Business Risks & Opportunities Synthesis TEEB's mission is to make Nature economically visible

12 The TEEB Community UNEP for hosting TEEB TEEB Scientific Coordination Team at UFZ over 500 contributors across partner institutions, universities, individuals an international and diverse Community of economists, ecologists and practitioners sharing best practices, tools, methods and experience and making TEEB a Global Public Good

13 TEEB s approach 1. Recognizing value: a feature of all human societies and communities 2. Demonstrating value: in economic terms, to support decision making 3. Capturing value: introduce mechanisms that incorporate the values of ecosystems into decision making

14 Valuations, Operating Spaces, Recognizing value Responses Regional Plans Legislations Certification Norms, Regulations & Policies Economic Mechanisms Demonstrating value PA Evaluation PES Capturing value Markets

15 Other Recommendations Conventional accounting fails to measure stocks and benefits from natural resources Financial reporting needs to reflect externalities Change economic incentives Conservation is a good investment Investing in ecological infrastructure makes sense when the full range of benefits is taken into account Venue, Date

16 Recommendations: Natural capital and poverty reduction Ecosystem services dependency Indonesia India Brazil 99 million 352 million 20 million Ecosystem services as a % of classical GDP 79% 21% 84% 16% 90% 10% 11% Ecosystem services as a % of GDP of the Poor 75% 25% 53% 47% 89% Ecosystem services Source: Gundimeda and Sukhdev, D1 TEEB 16

17 TEEB D3: What Can Business Do? Set ambitious targets for net positive impact Measure, value, and report on your footprint Use and improve tools for biodiversity management Pursue biodiversity/ecosystem related business opportunities Support relevant policies Venue, Date

18 GRI s Plans Venue, Date Venue, Date

19 But What should a company measure about them? Soil formation? Pollination? Disease regulation?

20 Risk & Opportunity Defined Key services Management strategies

21 GRI and Biodiversity G3 Management Approach Policy, goals, organizational responsibilities, monitoring Environmental Management Resource consumption Pollution emissions Sector Guidelines Biodiversity EN11. Locations of operation EN12. Summary of impacts in high conservation value areas EN13. Habitats protected or restored EN14. Strategies/plans for managing impacts EN15. Number of at-risk species in areas of operation

22 Key Questions About Measurement and Reporting: What about ecosystem services should be addressed? What relationship should companies be measuring? Can ES be simplified?

23 Reporting on Ecosystems Water consumed Water supply Water Quality Water recharge rates

24 What Relationships? Pressure Use Impact Dependence

25 Which Services?

26 Which Services? 1. Service Pressure Impact 2. Dependency 3. Nutrient cycling 4. Water 5. purification 6. Timber???? Etc.

27 Reporting Standards Process for Choosing Issues Standard Data to Disclose

28 Indicators = Data Points: Topics: Describe the impacts of your operations on xxxx ecosystem services Report the financial risk associated with your supply chain Indicator: Volume of water consumed Tons of carbon released Average temperatures/rainfall/biomass/etc.

29 Different Types of Tools Management Tools Defines thought process Outcomes vary and not comparable Primarily for internal use Scope and boundaries flexible Disclosure Standards Sets minimum expectations Must be standardized Subject to external audit Indicators define data points

30 Potential Outcomes It is there already It is a new generation of environmental indicators It is hopeless to seek indicators for it Venue, Date

31 Venue, Date Thank You Questions?