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The Economics of Ecosystems and Biodiversity in National and International Policy Making
Abstract
The Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative drawing attention to local, national and global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, the benefits of investing in natural capital, and to draw together expertise from the fields of science, economics and policy to enable practical actions. Drawing on a team of more than one hundred authors and reviewers, this book demonstrates the value of ecosystems and biodiversity to the economy, society and individuals. It underlines the urgency of strategic policy making and action at national and international levels, and presents a rich evidence base of policies and instruments in use around the world and a wide range of innovative solutions. It highlights the need for new public policy to reflect the appreciation that public goods and social benefits are often overlooked and that we need a transition to decision making which integrates the many values of nature across policy sectors. It explores the range of instruments to reward those offering ecosystem service benefits, such as water provision and climate regulation. It looks at fiscal and regulatory instruments to reduce the incentives of those running down our natural capital, and at reforming subsidies such that they respond to current and future priorities. The authors also consider two major areas of investment in natural capital - protected areas and investment in restoration. Overall the book underlines the needs and ways to transform our approach to natural capital, and demonstrates how we can practically take into account the value of ecosystems and biodiversity in policy decisions - at national and international levels - to promote the protection of our environment and contribute to a sustainable economy and to the wellbeing of societies.
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“…here, environmental protection and poverty strategies now shifted from state to market, implying a major change in authority and institutional arrangements from state regulation to market-oriented solutions justified by the longterm need to tackle poverty and foster development (Ten Brink, 2011).”
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Metadata
- Authors
- ten Brink, P.
- Corresponding author
- Patrick ten Brink
- Venue
- Routledge eBooks
- Publisher
- Routledge
- Published
- 2012-09-10
- OpenAlex
- W1502586491
- Cited by
- 262
- References
- 0
- Citations by year
- 2026: 4 · 2025: 7 · 2024: 5 · 2023: 8 · 2022: 17 · 2021: 46 · 2020: 9 · 2019: 15 · 2018: 10 · 2017: 11 · 2016: 23 · 2015: 18 · 2014: 26 · 2013: 26 · 2012: 21
- FWCI
- 29.91
- Type
- book
- Language
- en
- Open access
- closed
- Locations
- Routledge eBooks (publishedVersion)
- Topics
- Physical Sciences › Environmental Science › Global and Planetary Change › Land Use and Ecosystem Services
- Physical Sciences › Environmental Science › Global and Planetary Change › Conservation, Biodiversity, and Resource Management
- Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Sustainable Development and Environmental Policy
- Keywords
- TEEB, ecosystem services, biodiversity, natural capital, biodiversity loss, ecosystem degradation, environmental policy, policy instruments, protected areas, ecological restoration, water supply, climate regulation, public goods, sustainable economy
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
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