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The costs of pricing nature: The implications of payment for ecosystem services in Europe

The costs of pricing nature: The implications of payment for ecosystem services in Europe. Bethany Squire & Alexandra Bosbeer Quaker Council for European Affairs. Outline. Problem: Trends in ecosystem change in Europe

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The costs of pricing nature: The implications of payment for ecosystem services in Europe

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  1. The costs of pricing nature: The implications of payment for ecosystem services in Europe Bethany Squire & Alexandra Bosbeer Quaker Council for European Affairs

  2. Outline • Problem: Trends in ecosystem change in Europe • One solution: Overview of EU initiatives in payment for ecosystem services (PES) • Does it work? Main concerns • What to do? Other solutions Quaker Council for European Affairs office@qcea.org

  3. 2000 - 2006 Source: European Environment Agency Quaker Council for European Affairs office@qcea.org

  4. Degraded ecosystem services Status 1990-2010, based on EEA 2010 (Rubicode)

  5. Alien species increasing Source: European Environment Agency Quaker Council for European Affairs office@qcea.org

  6. EU initiatives: Soils and water Quaker Council for European Affairs office@qcea.org

  7. Biodiversity Targets 2010 : halt the loss of biodiversity 2020 : halt the loss of biodiversity Target 2: Maintain and restore ecosystems and their services: Member States to map and assess state of ecosystems and services by 2014, assess the economic value of such services, &, by 2020, promote integration of these values into accounting at EU & national levels. Quaker Council for European Affairs office@qcea.org

  8. Weaknesses • Provisioning services easiest to value • Integration: CAP and CFP • Market is not amenable to reflecting complexities Quaker Council for European Affairs office@qcea.org

  9. Case study: Emissions Trading Scheme (ETS) • Left to market – demand assumed • 2005 = €40  2013= €4 • Managing emissions credits = fast-growing sector of financial services • Halting emission of CO2 => secondary objective Quaker Council for European Affairs office@qcea.org

  10. Problems & opportunities • Market ≠ public interest • ‘Business as usual’ • Exacerbating scarcity to maximize profits • Behavioural economics • Social justice issues • Exporting land demand • Human well-being Quaker Council for European Affairs office@qcea.org

  11. Potential solutions • Raising awareness of valuesvs valuing • Public decision-making • Wider picture • Non-provisioning services • ‘Mainstreaming’ • Combination of methods: regulation and pricing Quaker Council for European Affairs office@qcea.org

  12. Questions or more information: You are ‘civil society’! abosbeer@qcea.org Quaker Council for European Affairs Square Ambiorix 50, 1000 Brussels www.qcea.org Sign up with us for action alerts to respond to EU consultations. Quaker Council for European Affairs office@qcea.org

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