1. Biodiversity and economics Which role will EEA play? Expert workshop on biodiversity and economics Copenhagen, 5 October 2006

2. 2 Why economic analysis of biodiversity loss? MEA: While it is obvious that humans depend on Earths ecosystems, it is another matter altogether to identify, assess, and undertake practical actions that can enhance well-being without undermining ecosystems. Message from Malahide: Biodiversity matters for ethical, emotional, environmental and economic reasons (citing M. Wallstrøm) Biodiversity Communication:..governance failures, and the failure..... to recognise the economic values of natural capital and ecosystem services are important drivers of biodiversity loss.

3. 3 Why economic analysis of biodiversity loss at EEA? EEAs role in supporting achieving biodiversity policy goals with information and assessments: –Halting the loss of biodiversity by 2010 at EU and pan-European level (Kiev/Belgrade) –Streamlining European Biodiversity Indicators (SEBI2010) –EEA report Progress towards halting the loss of biodiversity (2006)

4. 4 Why economic analysis of biodiversity loss at EEA? EEAs experience with environmental- economic analysis, including –Using the market for cost-effective environmental policy (2006) Question for EEA: can we help making the economic case for biodiversity conservation?

5. 5 What is possible? Assessing the economic value of changes in biodiversity; Designing market-based instruments (offsets, taxes, etc.) and financial schemes in biodiversity management, and assessing their impact; Analysing the causes of biodiversity loss in terms of economic activities and incorrect market functioning; Assessing the economic impact of biodiversity management (changes in income and jobs); Assessing the costs and benefits, or cost-effectiveness, of alternative biodiversity management options; Assessing the need for and ways of financing of biodiversity management. More...?

6. 6 Where to begin? Link to EEAs Annual Programmes 2006-2008; current projects: Contribution to QA/QC of EU reporting data and EIONET dataflows Streamlining European 2010 biodiversity indicators and contributions to assessments Spatial and ecologic aspects of Natura2000 coherence Ecologic aspects of farmland and rural areas Forest ecosystem conditions and biodiversity

7. 7 Where should it lead to? A programme of activities for AMPs 2007 and 2008 (end of current Corporate Strategy 2004-2008) Target on the horizon:Millenium Eco- Assessment for Europe, to be published by 2012 (under discussion)

8. 8 Current ideas Linked to AMP2006 projects: (1)Valuation of economic damage due to loss of biodiversity; alternatively assessing the economic value of maintaining biodiversity through conservation policy; (2)Review of cost-effectiveness of (alternative) biodiversity conservation policies and instruments; (3)Economic impact (gained income, jobs) of biodiversity conservation management; (4)Developing SEBI2010 indicators on funding, and costs of invasive species

9. 9 Main questions for workshop participants: Are our ideas realistic? How should we prioritise?