1. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 The Ecosystem Capital Accounts Fast Track Implementation Project in Europe Jean-Louis Weber Special Adviser to Economic Environmental Accounting European Environmnent Agency jean-louis.weber@eea.europa.euean-louis.weber@eea.europa.eu CBD COP10 Nagoya World Bank Side Event Global Partnership for Ecosystem Valuation and Wealth Accounting Naogya Gakuin University, 25 October 2010

2. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 Recurrent demands for improved macro-economic indicators and aggregates Historical pioneer projects… Rio1992, UN SEEA1993 to “adjust” the UN SNA, revised in 2003 Recent reminders: –Beyond GDP Conference –Potsdam 2008 G8+5 initiative and TEEB –Stiglitz/ Sen/ Fitoussi report on the measurement of economic performance SEEA revision for 2012/13, including now a special volume on ecosystem accounts and valuation Practical initiatives in Europe, Eurostat (the economy side) and the EEA (the ecosystem side)

3. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 Fast track implementation of ecosystem accounts in Europe by 2011 C W L B Dual accounts of Ecosystems (EEA) and Economy (Eurostat) 4 priority areas: Carbon [C], Land [L], Water [W] & Biodiversity [B]

4. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 GDP Adjustments:  Real Net National Income  Final Consumption at Full Cost GDP Adjustments:  Real Net National Income  Final Consumption at Full Cost Healthy ecosystems Ecosystems degraded by over-use Ecosystem capital (  ) Natural resources, ecosystem services (  ) Economy The simplified ecosystem capital accounting circuit Sustainable use Non-sustainable use Economic benefits (€) Additional cost needed to restore ecosystems from degradation (€) Jean-Louis Weber, CBD Conférence, Libreville, 16 Septembre 2010

5. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 Ecosystem-Economy integrated accounts SEEA Volume 2 SEEA Volume1

6. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 Corine land cover map (CLC is derived from satellite images) Green Landscape Index (derived from CLC) Nature Value (Naturilis, derived from Natura2000 designated areas) Fragmentation (Effective Mesh Size (MEFF) derived from TeleAtlas Roads and CLC) Landscape Ecological Potential (LEP) 2000, by 1km² grid cell LEP 2000 by NUTS 2/3 Physical degradation of ecosystem potential: multicriteria diagnoses  and

7. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 From ecosystem physical degradation to sustainable benefits from ecosystem services and non-paid maintenance costs Improvement Degradation of Ecosystem capital Consumption of ecosystem capital (non- paid costs) Mean restoration prices Sustainable benefits (income from key ecosystem services) Sustainable use coefficients Economic statistics & national accounts

8. CBD COP10 Nagoya - World Bank Global Partnership for Ecosystem Valuation 25 October 2010 Characteristics of ecosystem capital accounts Top-down approach Starting from physical accounts from which are derived macro- economic aggregates: sustainable benefits supported by ecosystem services & ecosystem capital depreciation Meet the policy demand: annual updates for t – 1 Compiled at the European scale from spatially referenced data Deep rooted in the best available datasets: –Socio-economic statistics –Monitoring by satellites (land use, biomass, climate variables…) –Best available in situ monitoring data Necessary additional estimations must be transparent and reproducible Relevance matters more than accuracy