TEEB for Oceans and Coasts

Dr Salman Hussain

TEEB Coordinator

HOPE Conference

Panel on the Economics of the Marine Environment

Brussels, 3-4 March 2014

TEEB4OC - 6 preliminary themes

1. Linking Ecological Characteristics & Ecosystem Services (http://www.liv.ac.uk/odemm/)

EGS

1. Sea Food

11. Waste

treatment (esp. water purification)

16. Aesthetic

information

Eco-component

Littoral Rock (inc. benthos) X X X

Littoral Sediment (inc. benthos)

X X X

Circlittoral Rock (inc. benthos) X X X

Infralittoral Rock (inc. benthos)

X X X

Sublittoral Sediment (inc. benthos)

X X X

Water column (inc plankton) X X

Demersal Fish X X

Pelagic Fish X X

Marine mammals & Reptiles X X

Seabirds X

x High relative contribution to supply of this ecosystem service

x Moderate relative contribution to supply of this ecosystem service

x Low relative contirbution to supply of this ecosystem service

2. Linking Management Options to Ecosystem State

Predominant Habitats

(Seafloor)

3. How valuable is one ESS relative to others?

1. Lack of primary valuation data points in general for marine ecosystems – scientific knowledge and thus bio-physical basis for valuation analysis

– cultural services and the lack of human connectedness to marine ecosystems

2. Valuable to whom? – Distributional issues, ‘GDP of the Poor’

3. Aggregation and up-scaling from individual value estimates

4. Why the big number is not valuable in policy terms – total value and marginal values