The Econmics of Ecosystems and Biodiviersity (TEEB) in National and International Policy Making demonstrates the value of ecosystems and biodiversity to the economy, society and individuals. It underlines the need 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 actions – at both national and international levels – to promote the protection of our environment and contribute to a sustainable economy and the well-being of societies.
TEEB in national and international policy making 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. The book explores the range of instruments to reward those offering ecosystem benefits such as water provision and climate regulation, and looks at the fiscal and regulatory instruments to reduce the incentives of those degrading natural capital, and at reforming subsidies so they respond to current and future priorities.
TEEB in national and international policy making presents a rich evidence base of policies and instruments in use around the world and a wide range of innovative solutions and is rapidly becoming an essential tool for policy makers around the world.