TEEB Training Conducting a Policy Assessment The role of policy assessments is to organize information in such a way that decision makers can consider trade offs and take more informed decisions Policy assessments help to provide fuller evidence base to take the whole picture into account Valuation is a tool to help guide decision making – it does not by itself provide the decision The main policy assessments processes are: Environmental Impact Assessment (EIA) Strategic Environmental Assessment (SEA) Both frameworks should and can complement each other when being used
TEEB Training Conducting a Policy Assessment continued… Assessment frameworks ask questions tailored to the needs of the policymaking process These cover common areas regardless of policy context: What is the problem? What do we want to achieve? What are the options for addressing the problems? What are the impacts of different options?
TEEB Training Conducting a Policy Assessment continued… Challenges to be taken into consideration to ensure the execution of effective assessments: Measurement – comparability Data availability – including suitability to task, timeliness etc. Lack of scientific certainty – including conflicts Unidentified value of biodiversity Uncertainty over relationship between biodiversity and ecosystem services Scales of impact – geographic, temporal
TEEB Training Applying the TEEB Approach The TEEB approach (Recognize, Demonstrate, Capture) can: Strengthen policy assessments by assisting with the selection of the right policy instruments for improved stewardship of natural capital Help integrate biodiversity and ecosystem values into decision making processes Recognizing value: Norms, Regulations and Policies can be applied e.g. establishment of protected areas Demonstrating value: Economic and fiscal incentives can be applied e.g. reforming harmful subsidies, biodiversity offsets and conservation banking Capturing value: Market mechanisms can be applied: e.g. PES, green public procurement etc