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Interim Report - TEEB

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F O R E W O R D<br />

Biological diversity represents the natural wealth of<br />

the Earth, and provides the basis for life and<br />

prosperity for the whole of mankind. However,<br />

biodiversity is currently vanishing at an alarming rate, all<br />

over the world. We are, so to speak, erasing nature’s hard<br />

drive without even knowing what data it contains. The<br />

aim of the Convention on Biological Diversity (CBD) and<br />

its 190 Contracting Parties is to significantly reduce the<br />

loss of biodiversity by 2010. This is an ambitious goal<br />

which can only be achieved through the concerted efforts<br />

and combined strength of all sections of society. We<br />

therefore need both national and international alliances<br />

between policy makers, science, the public and business.<br />

Arising out of a discussion at the meeting of G8+5<br />

environment ministers which took place in Potsdam in<br />

May 2007, we decided to launch a joint initiative to draw<br />

attention to the global economic benefits of biodiversity<br />

and the costs of biodiversity loss and ecosystem<br />

degradation.<br />

The success of this joint initiative was always going to be<br />

highly dependent on the quality of the leadership and for<br />

this reason we have been particularly pleased that Pavan<br />

Sukhdev, a Managing Director in the Global Markets<br />

division at Deutsche Bank, and founder-Director of a “green<br />

accounting” project for India, has accepted to take on the<br />

role of Study Leader.<br />

Pavan Sukhdev and his team have had an extremely<br />

challenging task to bring together a lot of information in<br />

such a short time. Fortunately, they have benefited from the<br />

support and contribution of many international organizations<br />

as well as prominent experts.<br />

The results from Phase I of the initiative we launched in<br />

Potsdam a year ago will be presented at the high-level<br />

segment of CBD COP9. We invite and encourage CBD<br />

Member Countries and international organizations to<br />

contribute actively to Phase II of this work which will begin<br />

immediately after COP9.<br />

Stavros Dimas<br />

Commissioner for Environment<br />

European Commission<br />

Sigmar Gabriel<br />

Federal Environment Minister<br />

Germany<br />

Foreword<br />

3

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