The Economics of Ecosystems and Biodiversity – TEEB

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The Economics of Ecosystems and Biodiversity (TEEB) is a global initiative focused on making natures values visible. Its principal objective is to mainstream the values of biodiversity and ecosystem services into decision-making at all levels. It aims to achieve this goal by following a structured approach to valuation that helps decision-makers recognize the wide range of benefits provided by ecosystems and biodiversity, demonstrate their values in economic terms and, where appropriate, capture those values in decision-making.

Since the launch of the TEEB reports various countries have initiated TEEB studies to demonstrate the value of their ecosystems and to encourage policy-making that recognizes and accounts for their ecosystem services and biodiversity.

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TEEB seeks to provide a deeper analysis of the myriad values provided by biodiversity and ecosystems, either at the biome level, or more globally to better assess their value to specific economic sectors, and wider impacts on ecosystem and human well-being.

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The Economics of Ecosystems and Biodiversity - TEEB

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