THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network...

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THE THE LITTLE BIODIVERSITY FINANCE FINANCE BOOK BOOK A guide to proactive investment in natural Andrew Mitchell Founder and Director capital (PINC) Global Canopy Programme GLOBAL CANOPY PROGRAMME

Transcript of THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network...

Page 1: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If

THETHE LITTLE BIODIVERSITY FINANCEFINANCEBOOKBOOK

A guide to proactive investment in natural 

Andrew Mitchell Founder and Director

capital (PINC) Global Canopy Programme

GLOBAL CANOPY PROGRAMME

Page 2: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If

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

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GLOBAL CANOPY PROGRAMME

Page 4: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If

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

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… IN THE REAL ECONOMY… IN THE REAL ECONOMY

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WHATWHAT ARE THE COSTSCOSTSOFOF CONSERVATION?

GLOBAL CANOPY PROGRAMME

Page 7: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If

ACTION USD BN/YR SOURCE

Expand PA network

4-13 Bruner et al., 2004network

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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

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ACTION USD BN/YR SOURCE

Expand PA network

4-13 Bruner et al., 2004network

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45Balmford et al., 2002

Biodiversity protection

120 IUCN, 2010

290 James et al., 2001

Ecosystem i

355-385 Berry 2007protection

355 385 Berry, 2007

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WHATWHAT IS THE CURRENTCURRENT SCALESCALEOF FINANCE?

GLOBAL CANOPY PROGRAMME

Page 10: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If
Page 11: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If
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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

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HOWHOW TOSCALE UPUPFINANCEFINANCEBY 2020?

GLOBAL CANOPY PROGRAMME

Page 14: THE LITTLE BIODIVERSITY FINANCE BOOK - CBD2010/10/21  · ACTION USD BN/YR SOURCE Expand PA network 4-13 Bruner et al., 200418-27.5 James et al., 2001 45 Balmford et al., 2002 “If
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OTHER

INDIRECT NON-MARKETMARKET

DIRECT

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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

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THANKTHANKYOU

Prince Albert II of Monaco Foundation

WWW.GLOBALCANOPY.ORG/GO/BIODIVERSITYFINANCE

GLOBAL CANOPY PROGRAMME