The challenge of building biodiversity business is not trivial. Biodiversity is still largely neglected by private finance. There is a need to develop new business models and market mechanisms for biodiversity conservation, and to persuade the public and policymakers that biodiversity (or component ecosystem services) can be conserved on a commercial basis. Based on extensive consultation and analysis, the authors of this new report conclude that there are numerous pro-biodiversity business opportunities that can generate positive financial returns as well as real biodiversity benefits.
This book is a product of the TEEB study (The Economics of Ecosystems and Biodiversity). It provides important evidence of growing corporate concern about biodiversity loss and offers examples of how leading companies are taking action to conserve biodiversity and to restore ecosystems. This book reviews indicators and drivers of biodiversity loss and ecosystem decline, and shows how these present both risks and opportunities to all businesses. It examines the changing preferences of consumers for nature-friendly products and services, and offers examples of how companies are responding. The book also describes recent initiatives to enable businesses to measure, value and report their impacts and dependencies on biodiversity and ecosystem services. The authors review a range of practical tools to manage biodiversity risks in business, with examples of how companies are using these tools to reduce costs, protect their brands and deliver real business value. The book also explores the emergence of new business models that deliver biodiversity benefits and ecosystem services on a commercial basis, the policy enabling frameworks needed to stimulate investment and entrepreneurship to realize such opportunities, and the obstacles that must be overcome. The book further examines how businesses can align their actions in relation to biodiversity and ecosystem services with other corporate responsibility initiatives, including community engagement and poverty reduction. Finally, the book concludes with a summary and recommendations for action.
This report sets the economic and business case for urgent and ambitious action on biodiversity. It presents a preliminary assessment of current biodiversity-related finance flows, and discusses the key data and indicator gaps that need to be addressed to underpin effective monitoring of both the pressures on biodiversity and the actions (i.e. responses) being implemented. The report concludes with ten priority areas where G7 and other countries can prioritise their efforts.
Industries that drive economic growth and support our comfortable modern lifestyles have exploited natural resources to do so. But now there's growing understanding that business can benefit from a better relationship with the environment. Leading corporations have begun to leverage nature-based remediation, restoration, and enhanced lands management to meet a variety of business needs, such as increasing employee engagement and establishing key performance indicators for reporting and disclosures. Strategic Corporate Conservation Planning offers fresh insights for corporations and environmental groups looking to create mutually beneficial partnerships that use conservation action to address business challenges and realize meaningful environmental outcomes. Recognizing the long history of mistrust between corporate action and environmental effort, Strategic Corporate Conservation Planning begins by explaining how to identify priorities that will yield a beneficial relationship between a company and nonprofit. Next, O'Gorman offers steps for creating ecologically-focused projects that address key business needs. Chapters highlight existing projects with different scales of engagement, emphasizing that headline-generating, multimillion dollar commitments are not necessarily the most effective approach. Myriad case studies featuring programs from habitat restoration to environmental educational initiatives at companies like Bridgestone USA, General Motors, and CRH Americas are included to help spark new ideas. With limited government funding available for conservation and increasing competition for grant support, corporate efforts can fill a growing need for environmental stewardship while also providing business benefits. Strategic Corporate Conservation Planning presents a comprehensive approach for effective engagement between the public and private sector, encouraging pragmatic partnerships that benefit us all.
The built environment has the potential to have a major impact on biodiversity, not least with the increasingly demanding requirements to design more energy efficient and airtight buildings, leaving less space for species to inhabit. The construction industry has an important role to play in ensuring that buildings are designed and refurbished in a way in which biodiversity can be enhanced. Through written guidance and architectural drawings, this book advises on how to incorporate provision for biodiversity within developments. With sections on different building-reliant species, general principles for design, ready-made products that be incorporated into designs, and legislation, policy and regulations, this book is an invaluable resource for all architects, ecologists and anyone involved in designing or briefing for biodiversity in buildings.
Professor Fikret Berkes provides a unique introduction to the social and interdisciplinary dimensions of biodiversity conservation. Examining a range of approaches, new ideas, controversies and debates, he demonstrates that biodiversity loss is not primarily a technical issue, but a social problem that operates in an economic, political and cultural context. Berkes concludes that conservation must be democratized in order to broaden its support base and build more inclusive constituencies for conservation.
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.
Biodiversity conservation and poverty alleviation are both important societal goals demanding increasing international attention. While they may seem to be unrelated, the international policy frameworks that guide action to address them make an explicit assumption that conserving biodiversity will help to tackle global poverty. Part of the Conservation Science and Practice Series published with the Zoological Society of London, this book explores the validity of that assumption. The book addresses a number of critical questions: Which aspects of biodiversity are of value to the poor? Does the relationship between biodiversity and poverty differ according to particular ecological conditions? How do different conservation interventions vary in their poverty impacts? How do distributional and institutional issues affect the poverty impacts of interventions? How do broader issues such as climate change and the global economic system affect the biodiversity – poverty relationship at different scales? This volume will be of interest to policy-makers, practitioners and researchers concerned with understanding the potential - and limitations - of integrated approaches to biodiversity conservation and poverty alleviation.
Human well-being relies critically on ecosystem services provided by nature. Examples include water and air quality regulation, nutrient cycling and decomposition, plant pollination and flood control, all of which are dependent on biodiversity. They are predominantly public goods with limited or no markets and do not command any price in the conventional economic system, so their loss is often not detected and continues unaddressed and unabated. This in turn not only impacts human well-being, but also seriously undermines the sustainability of the economic system. It is against this background that TEEB: The Economics of Ecosystems and Biodiversity project was set up in 2007 and led by the United Nations Environment Programme to provide a comprehensive global assessment of economic aspects of these issues. This book, written by a team of international experts, represents the scientific state of the art, providing a comprehensive assessment of the fundamental ecological and economic principles of measuring and valuing ecosystem services and biodiversity, and showing how these can be mainstreamed into public policies. This volume and subsequent TEEB outputs will provide the authoritative knowledge and guidance to drive forward the biodiversity conservation agenda for the next decade.
