the little biodiversity finance book - cbd2010/10/21 · action usd bn/yr source expand pa network...
TRANSCRIPT
THETHE LITTLE BIODIVERSITY FINANCEFINANCEBOOKBOOK
A guide to proactive investment in natural
Andrew Mitchell Founder and Director
capital (PINC) Global Canopy Programme
GLOBAL CANOPY PROGRAMME
QUESTIONSQUESTIONS
• How do we value biodiversity?
• What is the cost of conservation?What is the cost of conservation?
• How much are we currently spending?
• How do we fill the gap?
GLOBAL CANOPY PROGRAMME
GLOBAL CANOPY PROGRAMME
FORESTS AS NATURALFORESTS AS NATURAL CAPITAL
• Includes existence valuesIncludes existence values
• Plus ecosystem Services
• US$ 2-4.5 trillion/yr
• Proactive Investment in • Proactive Investment in Natural Capital
THINK PINCTHINK PINC
… IN THE REAL ECONOMY… IN THE REAL ECONOMY
WHATWHAT ARE THE COSTSCOSTSOFOF CONSERVATION?
GLOBAL CANOPY PROGRAMME
ACTION USD BN/YR SOURCE
Expand PA network
4-13 Bruner et al., 2004network
18-27.5 James et al., 2001
45Balmford et al., 2002
“If 45 billion is spent annually for conservation measures, profits worth $5 trillion would be gained every year”
Japan Times October 2010– Japan Times October 2010
ACTION USD BN/YR SOURCE
Expand PA network
4-13 Bruner et al., 2004network
18-27.5 James et al., 2001
45Balmford et al., 2002
Biodiversity protection
120 IUCN, 2010
290 James et al., 2001
Ecosystem i
355-385 Berry 2007protection
355 385 Berry, 2007
WHATWHAT IS THE CURRENTCURRENT SCALESCALEOF FINANCE?
GLOBAL CANOPY PROGRAMME
MIND THE GAP!MIND THE GAP!
• Spending: $40 billion (GCP)
N d $ billi (IUCN)• Need: $100-300 billion (IUCN)
V l $4 5 t illi (TEEB)• Value: $4.5 trillion (TEEB)
“Better Wake Up and Smell the Coffee!”Better Wake Up and Smell the Coffee!
GLOBAL CANOPY PROGRAMME
HOWHOW TOSCALE UPUPFINANCEFINANCEBY 2020?
GLOBAL CANOPY PROGRAMME
OTHER
INDIRECT NON-MARKETMARKET
DIRECT
A GUIDE TOA GUIDE TOPROACTIVEINVESTMENT INNATURALNATURALCAPITALCAPITAL
• First estimate: $ 62-141 billion• The good news: Less than ¼% of e good ews: ess t a ¼% o the global economy
GLOBAL CANOPY PROGRAMME
THANKTHANKYOU
Prince Albert II of Monaco Foundation
WWW.GLOBALCANOPY.ORG/GO/BIODIVERSITYFINANCE
GLOBAL CANOPY PROGRAMME