Pricing the Value of Nature
NAGOYA, Aichi, Japan, October 20, 2010 (ENS) – Assigning economic value to the benefits the world gets for free from nature is not easy, so today’s release of the report, “Mainstreaming the Economics of Nature,” by a banker who works with the UN Environment Programme has attracted a lot of attention at the Convention on Biodiversity’s Conference of Parties meeting in Nagoya.
The banker, Pavan Sukhdev, a Deutsche Bank capital markets expert, heads UNEP’s Green Economy Initiative.
Today he released the fourth and last in a series of reports from a three-year-long study on The Economics of Ecosystems and Biodiversity, which everyone calls TEEB.
