“…[this] study was launched by Germany and the European commission in response to a proposal by the G8+5 Environment Ministers (Potsdam, Germany 2007) to develop a global study on the economics of biodiversity loss. This independent study, led by Pavan Sukhdev, is hosted by the United Nations Environment Programme with financial support from the European Commission, Germany and the UK, more recently joined by Norway, the Netherlands and Sweden. TEEB draws together experience, knowledge and expertise from all regions of the world in the fields of science, economics and policy. Its aim is to guide practical policy responses to the growing evidence of the impacts of ongoing losses of biodiversity and ecosystem
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