The Economics of Ecosystems and Biodiversity (TEEB)-1

•The Economics of Ecosystems and Biodiversity (TEEB) is a global initiative focused on “making nature’s values visible”.

• Its principal objective is to mainstream the values of biodiversity and ecosystem services into decision-making at all levels.

•It aims to achieve this goal by following a structured approach to valuation that helps decision-makers recognize the wide range of benefits provided by ecosystems and biodiversity, demonstrate their values in economic terms and, where appropriate, suggest how to capture those values in decision-making.

•TEEB Office Based in Geneva, Switzerland at the International Environment House, the TEEB office is hosted by the United Nations Environment Programme (UNEP) under the Economics and Trade Branch (ETB) of the Division of Technology, Industry and Economics (DTIE).