New TEEB Natural Capital Legislation study
The study, published by Global International, was launched by TEEB study leader Pavan Sukhdev during the 1st GLOBE Natural Capital Summit, held at the German Bundestag in Berlin on 7-8 June 2013. It assesses national capacities, policies and ongoing processes towards the implementation of natural capital accounting in eight countries.
19 July 2013: The GLOBE Natural Capital Legislation Study was formally
launched by TEEB study leader Mr Pavan Sukhdev during the 1st GLOBE Natural
Capital Summit, held at the German Bundestag in Berlin, Germany on 7-8
June 2013. The Study published by the Global Legislators Organisation
(GLOBE International) is a comprehensive research project that audits national
capacities, policies and ongoing processes towards the implementation of full
natural capital accounting across a range of eight countries representative of
every region in the world. This first edition of the study was produced with
the support of the German Federal Agency for Development Cooperation and in
coordination with the Environment Ministries of Botswana, Costa Rica, Colombia,
Georgia, Germany, Peru and the United Kingdom.
Results in this 1st edition of the Study show that:
All eight countries are moving beyond thinking
and experimentation towards the proper integration of natural capital into
national accounting and policy making process.
- However none of the countries is advancing
comprehensively on all the necessary fronts – wealth accounting,
development of national ecosystem assessments, valuation of ecosystem
services and institutional and legislative reform.
- The most comprehensive natural capital-specific
legislation and policies are to be found in developed countries, although
these are nonetheless failing to carry out a comprehensive overhaul of
policies affecting natural capital, i.e. the unsuccessful ‘structural
greening’ of the EU Common Agricultural Policy.
- Substantive progress is taking place in emerging
economies, which shows how natural capital accounting is increasingly
understood as an indispensable instrument supporting decision-making
towards sustainable and inclusive socioeconomic development. In particular
the popularity of payment per ecosystem services programmes in developing
countries is a testament to the increased awareness of the linkages
between environmental protection and sustainable economic development.
Speakers at the conference
included German Cabinet Minister for Development Cooperation Hon. Dirk Niebel,
Georgian Cabinet Minister for the Environment Hon. Khatuna Gogaladze, Peruvian
Cabinet Minister for the Environment Hon. Manuel Pulgar Vidal, Deputy Cabinet
Minister of Finance of Georgia Hon. Giorgi Tabuashvili, Deputy Cabinet Minister
for National Planning and Economy of Costa Rica Hon. Silvia Hernández, Global
Environment Facility (GEF) CEO Dr. Naoko Ishii, World Bank Director for
Agriculture and Environmental Services Mr Juergen Voegele, Chief of the
Economic Statistics Branch of the United Nations Statistics Division Mr Ivo
Havinga and over 60 senior legislators from 17 countries including Botswana,
Brazil, China, Colombia, Costa Rica, Denmark, France, Georgia, Germany, India,
Japan, Mexico, Morocco, Nigeria, Peru, South Africa, the United Kingdom and the
Download the full
study here and visit
the GLOBE international website here.
Photo Credits: Courtesy of GLOBE International Website
Tags: Ecosystem valuation | Biodiversity Indicators | Biodiversity policy
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