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Report Launch 13 July - Building the Economic Case for the Sound Management of Nature-Based Assets

The Planet's natural and nature-based assets - from individual species to ecosystems such as forests, coral reefs, freshwaters and soils - are declining and degrading, in many cases at an alarming rate. Multi-trillion dollars losses are being sustained by the global economy year in and year out undermining economies; business prospects and opportunities to combat poverty.

The Economics of Ecosystems and Biodiversity study (TEEB) is launching a new TEEB for Business report on Monday, 12 July, in association with the Foreign Press Association in London. The report is launched ahead of the 1st Global Business of Biodiversity Symposium being held in London on 13 July.

The TEEB for Business report builds the economic case to assist economies make transformational policy choices and changes in order to address this crisis and bring greater intelligence to the way nature-based assets are managed.

TEEB will publish a final landmark synthesis report in advance of the Convention on Biological Diversity's meeting in Nagoya, Japan later in the year.

The Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative to draw attention to the global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, and to draw together expertise from the fields of science, economics and policy to enable practical actions moving forward.

TEEB is funded by the European Commission and governments including Germany, Norway and the UK.

Press Information

Where: The Commonwealth Club, 25 Northumberland Avenue, London WC2

When: 11.00am to noon on Monday 12 July

Embargo: Press materials are strictly embargoed for 0.01hrs BST 13 July 2010

Those Scheduled to attend:

  • Angela Cropper, Deputy Executive Director of the UN Environment Programme (UNEP) - the UN body which hosts TEEB
    Pavan Sukhdev, Study Leader for TEEB, UNEP

  • Josh Bishop, TEEB for Business coordinator, IUCN

  • Jon Williams, Partner - Sustainability and Climate Change at PricewaterhouseCoopers

Notes to Editors

Information on TEEB, a stream and theme of UNEP's Green Economy Initiative, can be found at www.teebweb.org

RSVP contact: Georgina.langdale@unep-teeb.org

Tel: +49 228 815 0572. Mobile: +49 1707 617 138

For More Information and to arrange interviews please contact

Nick Nuttall, UNEP Spokesperson/Head of Media, on Tel +254 733 632755 (or between 8 and 13 July on +44 (0) 754 0501940, E-mail: nick.nuttall@unep.org

Or Georgina Langdale, Communications TEEB, Georgina.langdale@unep-teeb.org

Tel: +49 228 815 0572. Mobile: +49 1707 617 138

Brian Thomson, Media Relations and Campaigns, IUCN Brian.Thomson@iucn.org

Tel: + 41 22 999 0251