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Monetarization and Institutionalization Some observations from practical ES-assessments

Monetarization and Institutionalization Some observations from practical ES-assessments. S. Jacobs, K. Van der Biest, J. Staes, R. D’hondt , D. Landuyt & P.Meire University of Antwerp E cosystem Management Research Group Vila Nova de Gaia – May 18th 2012.

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Monetarization and Institutionalization Some observations from practical ES-assessments

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  1. MonetarizationandInstitutionalizationSomeobservationsfrompractical ES-assessments S. Jacobs, K. Van der Biest, J. Staes, R. D’hondt, D. Landuyt & P.Meire University of Antwerp Ecosystem Management Research Group Vila Nova de Gaia – May 18th 2012

  2. PavanSukhdev (TEEB-synthesis report 2010): Valuation is seen not as a panacea, but rather as a tool to help recalibrate the faulty economic compass that has led us to decisions that are prejudicial to both current well-being and that of future generations. The invisibility of biodiversity values has often encouraged inefficient use or even destruction of the natural capital that is the foundation of our economies.

  3. Model describing several ecosystem services, • Their physical basis • Their land-use requirements • Their interactions • Their uncertainty • And combine these into a total ‘bundle indicator’ . Total delivery of Bundled ES F W C

  4. We have the model: let’s make a map!

  5. …let’s make a map! F W C

  6. …let’s make a map! W F C

  7. …let’s make a map! C F W

  8. to a legitimate plan? €!

  9. a legitimate plan… C F W …does not require monetary valuation

  10. The hugenumbers… • Monetary valuation as risk for ‘commodification’ BUT + many ES have been commodified (problematically) already + requires clear measurable units: difficult for regulating & cultural + valuation is incomplete or extremely variable in space & time + Monetary valuation of ES as trial to uncover market failures • Externalities not included now • Unequal profit distribution now • Unsustainable practices now .

  11. The hugenumbers… • Monetary valuation as risk for ‘commodification’ BUT + many ES have been commodified (problematically) already + requires clear measurable units: difficult for regulating & cultural + valuation is incomplete or extremely variable in space & time + Monetary valuation of ES as trial to uncover market failures • Externalities not included now • Unequal profit distribution now • Unsustainable practices now => Preventing abuse of ES monetary approaches: • Broad and participatory approach, • bundled services, • Local roots, • Relevant power structures: NGO’s, enterprises • Code of conduct IPBES/IPST . …representeconomy’sfailures ratherthansocietalvalue

  12. The end justifies the means, but the means determine the end.Bakunin If you have a hammer, every problem looks like a nail. Maslow

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