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Press Release

Report Launch 13 July - Building the Economic Case for the Sound Management of Nature-Based Assets
05/ 07/ 2010

Report Launch 13 July - Building the Economic Case for the Sound Management of Nature-Based AssetsThe TEEB for Business report builds the economic case to assist economies make transformational policy choices.

The Planet's natural and nature-based assets - from individual species to ecosystems such as forests, coral reefs, freshwaters and soils - are declining and degrading, in many cases at an alarming rate. Multi-trillion dollars losses are being sustained by the global economy year in and year out undermining economies; business prospects and opportunities to combat poverty.
The Economics of Ecosystems and Biodiversity study (TEEB) is launching a new TEEB for Business report on Monday, 12 July, in association with the Foreign Press Association in London. The report is launched ahead of the 1st Global Business of Biodiversity Symposium being held in London on 13 July.
The TEEB for Business report builds the economic case to assist economies make transformational policy choices and changes in order to address this crisis and bring greater intelligence to the way nature-based assets are managed.
TEEB will publish a final landmark synthesis report in advance of the Convention on Biological Diversity's meeting in Nagoya, Japan later in the year.
The Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative to draw attention to the global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, and to draw together expertise from the fields of science, economics and policy to enable practical actions moving forward.
TEEB is funded by the European Commission and governments including Germany, Norway and the UK.
Press Information
Where: The Commonwealth Club, 25 Northumberland Avenue, London WC2
When: 11.00am to noon on Monday 12 July
Embargo: Press materials are strictly embargoed for 0.01hrs BST 13 July 2010
Those Scheduled to attend:

Angela Cropper, Deputy Executive Director of the UN Environment Programme (UNEP) - the UN body which hosts TEEBPavan Sukhdev, Study Leader for TEEB, UNEP
Josh Bishop, TEEB for Business coordinator, IUCN
Jon Williams, Partner - Sustainability and Climate Change at PricewaterhouseCoopers

Notes to Editors
Information on TEEB, a stream and theme of UNEP's Green Economy Initiative, can be found at www.teebweb.org
RSVP contact: Georgina.langdale@unep-teeb.org
Tel: +49 228 815 0572. Mobile: +49 1707 617 138
For More Information and to arrange interviews please contact
Nick Nuttall, UNEP Spokesperson/Head of Media, on Tel +254 733 632755 (or between 8 and 13 July on +44 (0) 754 0501940, E-mail: nick.nuttall@unep.org
Or Georgina Langdale, Communications TEEB, Georgina.langdale@unep-teeb.org
Tel: +49 228 815 0572. Mobile: +49 1707 617 138
Brian Thomson, Media Relations and Campaigns, IUCN Brian.Thomson@iucn.org
Tel: + 41 22 999 0251

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