Related content for project "The Cost of Policy Inaction (COPI) on Biodiversity" (project ID 1834)
Braat. L et al. 2008: The Cost of Policy Inaction (COPI): The case of not meeting the 2010 biodiversity target. Alterra Wageningen University and Research; Institute for European Environmental Policy (IIEP); Ecologic; Fondazione Eni Enrico Mattei (FEEM); GHK; Milieu en Natuurplanbureau; United Nations Environmental Programme - World Conservation Monitoring Centre; Witteveen en Bos, Wageningen / Brussels, commissioned. ISBN: ENV.G.1/ETU/2007/0044.
The continuing loss of biological diversity will cost the global economy up to 14 trillion Euros by 2050, which is equivalent to 7% of the projected global GDP in 2050. This is the result of a study on the cost of policy inaction (COPI) with regard to the EU’s 2010 biodiversity target. Ecologic contributed to the assessment by establishing a comprehensive inventory of economic valuations of biodiversity and ecosystem services. The study was presented on 29 May 2008 at the Ninth Meeting of the Conference of the Parties (COP-9) to the Convention on Biological Diversity (CBD) in Bonn. It is part of a large-scale review on The Economics of Ecosystems and Biodiversity (TEEB).