| Title: | CALL for EVIDENCE on the ECONOMICS OF BIODIVERSITY LOSS |
| Organisation: | European Commission |
| Issued: | Thu 15 November 2007 |
| Deadline: | 31 December 2007 |
| Status: | CLOSED Consultation is closed for comments |
| Synopsis: | Following commitments made at the G8+5 meeting of Environment Ministers in Potsdam in March 2007, the Commission is supporting Germany with the preparatory work for a Review on the Economics of Biodiversity Loss to be presented at the Ninth Conference of the Parties to the Convention on Biological Diversity in Bonn, Germany, in May 2008. The Review will be carried out by an independent economist. The Review will evaluate the costs of the loss of biodiversity and the associated decline in ecosystem services worldwide. It will consider the failure to take protective measures, versus the costs of effective conservation and sustainable use. The Review aims to achieve a better understanding of why action to halt the loss of biodiversity would make economic sense. While there are many reasons why preventing biodiversity loss should be addressed as a political priority, when the G8+5 ministers endorsed the Potsdam Initiative they concluded that it was essential to have an objective assessment of the economic arguments. |
The IEMA are not looking to provide a response to this consultation. We have signposted it on our consultation website as it might be of interest to our Members.
If any Member does wish to make a response, please do so on your own behalf following the advice on the websites below: