Information
  • Lead-organizer: Ramsar Convention
  • 13:30 - 15:00
  • Date: 15 Jun 2012
  • Room: P3-6

TEEB for Water and Wetlands

Organizing partners

Ramsar Convention on Wetlands, Norway, Switzerland and Finland.

Introduction

The Millennium ecosystem assessment (MA, 2005) presented a solid evidence base on the loss of wetlands and associated loss of ecosystem services. This was a seminal piece of work, clarifying to the biodiversity community, and wider scientific establishment, the need for action. There was, however, insufficient policy response.

The TEEB initiative, which built on the MA, has demonstrated the policy usefulness of presenting economic arguments on the value of nature, and targeting the messages to different audiences ? international and national policy makers, local and regional policy makers and administrators, business, the academic community and citizens (www.teebweb.org; TEEB 2008, 2009, 2010, 2011). The use of the tools and language of economics can help communicate to some audiences that might otherwise overlook the importance of nature.

Detailed programme

The proposed TEEB water and wetlands synthesis aims to use the TEEB approach to generate better understanding of the ecosystem service values of water and wetlands to encourage additional policy momentum and business commitment for their conservation and wise use. By using the arguments based on ecological and economic evidence base, the report would strive to demonstrate how understanding and capturing the value of ecosystem services related to water and wetlands can lead to better informed and efficient decision making.
The synthesis report is anticipated to draw on existing TEEB reports and materials for approximately 80% of its material, with a further 20% of new and additional material. A core team of authors is being established to compile the report, including members of the TEEB team, Ramsar Scientific & Technical Review Panel (STRP), IUCN and Ramsar Secretariat.
The synthesis report will help identify major gaps and inconsistencies in current knowledge of the economics of water and wetlands, so as to inform agenda-setting for further work on the economics of water and wetlands.

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