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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 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
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
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
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
TEEB Training Value Types within the TEV Approach ©TEEB
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
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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