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TEEB Training Session 1: Analysing value ©TEEB. TEEB Training  Missing and imperfect markets –The quality and the extent of natural spaces affects our.

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Presentation on theme: "TEEB Training Session 1: Analysing value ©TEEB. TEEB Training  Missing and imperfect markets –The quality and the extent of natural spaces affects our."— Presentation transcript:

1 TEEB Training Session 1: Analysing value ©TEEB

2 TEEB Training  Missing and imperfect markets –The quality and the extent of natural spaces affects our well- being –These benefits are often not marketed  Market failures –Does the market provide the ‘right’ level of pollution? –If not should be value the pollution damage caused?  To ask policy questions –Should we support conservation programs?  Natural resource accounting Why Conduct Valuation Studies? ©TEEB

3 TEEB Training Fundamentals: Marginality  Fundamentals: ‘with-minus-without’  What net effect is the policy measure having?  Measure this in terms of changes in ecosystem services  A typology of ESs  Qualitative assessment  Expert judgment on whether provisioning would trend up or down ©TEEB

4 TEEB Training Fundamentals: spatial scale and scope  Analysis of marginal change must be bounded in terms of spatial scale and thus scope –Global, regional, national, sub-national, local  Bio-physical versus economic scales –Appropriate bio-physical scale (data, inter-linkages etc.) might be river catchment, i.e. trans-boundary –Appropriate economic scale might be ‘national’ as this is where governance/jurisdiction applies to act on valuation outcomes  Must be wary of displacement effects –Extending protected areas: does this mean more intensive resource-use just outside the protected area boundary? ©TEEB

5 TEEB Training Total Economic Value  TEV is the sum of use and non-use values: –Direct use values –Indirect use values –Option value –Existence value –Bequest value  Note that valuation is from a human perspective, intrinsic value is not included ©TEEB

6 TEEB Training Value Types within the TEV Approach ©TEEB

7 TEEB Training TEV and ecosystem services CategoryServiceDirect UseIndirect Use Option Value Non-use Value Provisioning Food; fibre; fuel; bio chemicals; natural medicines; pharmaceuticals; fresh water supply Regulating Air-quality; climate; water; natural hazard; carbon storage; nutrient cycling; micro-climate functions Cultural Cultural heritage; recreation and tourism; aesthetic values Habitat/ supporting Primary production; nutrient cycling; soil formation Valued through other ES categories ©TEEB

8 TEEB Training Group exercise  Think of the key ecosystems in your country and list the main ecosystem services they provide  Identify the elements of TEV associated with those ecosystem services  What information on the value of those ecosystem services do you think is available?  Are there any major gaps in this value information? ©123rf.com ©TEEB


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