The European Commission is supporting Germany with the preparatory work for a Review on the Economics of Biodiversity Loss, the results of which will bepresented at the Ninth Conference of the Parties to the Convention on Biological Diversity in Bonn in May 2008.
The Review aims to improve understanding of the the economic costs which may result from present and future trends of biodiversity loss and related declines in ecosystem services, along with the economic challenges associated with halting these trends. The Review will be conducted by an independent economist, yet to be appointed.
Evidence must be submitted to the Commission by 31 December 2007.
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1 comment:
Are we going to be surprised if this concludes that conserving biodiversity is financially worth it? It would be funny, but then worrying, if it was the opposite; suggesting that we need to think up other excuses if we want to conserve BioD.
However, the main benefits will be in the details of the report, not the headlines.
Can anyone think of case studies in which ecological research of a specific system leads to full financial projections of different plausible management scenarios based on its findings?
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