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BIODIVERSITY FINANCE - NRE

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Solutions 1: Valuation - making the business case for investment<br />

Supported under the NBSAP Project<br />

How to conduct valuations most effectively and efficiently?<br />

• Target audience - government, sectors, local communities – different<br />

approaches needed<br />

• Impact on Policy and Behaviour/Practice<br />

• WAVES, TEEB<br />

• Targeted national sectoral-level economic valuations<br />

• Trade-off analyses between maximization of short-term<br />

gain/production and ES maintenance<br />

• Risks<br />

• Do economic valuations really make the case? Always on “our side”?<br />

• Risk of commodification – real or exaggerated, what safeguards?<br />

8

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