Latest Pavan Sukhdev Stories

2010-10-20 18:45:44

The economic importance of the world's natural assets is now firmly on the political radar as a result of an international assessment showcasing the enormous economic value of forests, freshwater, soils and coral reefs, as well as the social and economic costs of their loss, was the conclusion of The Economics of Ecosystems and Biodiversity (TEEB) report launched today by TEEB study leader, Pavan Sukhdev. "TEEB has documented not only the multi-trillion dollar importance to the global economy...

2010-05-17 14:53:51

U.N. experts said on Monday that the world faces the nightmarish possibility of fishless oceans by 2050 without fundamental restructuring of the fishing industry. "If the various estimates we have received... come true, then we are in the situation where 40 years down the line we, effectively, are out of fish," Pavan Sukhdev, head of the UN Environment Program's green economy initiative, told journalists in New York. The UNEP's Green Economy report due later this year argues this disaster...

2009-11-13 12:40:00

A new UN report claims that by investing billions into saving biodiversity and ecosystems, groups could stand to earn trillions. The report showed that world leaders must come together to ensure the safety of threatened species and ecosystems, or they will have to pay the price later. "Recognizing and rewarding the value delivered to society by the natural environment must become a policy priority," said Pavan Sukhdev, lead author of The Economics of Ecosystems and Biodiversity (TEEB) paper...

2009-10-16 10:20:43

Economists, assigning values to 'ecosystem services,' report staggering totals and rates of return on investment Experts concluding the global DIVERSITAS biodiversity conference today in Cape Town described preliminary research revealing jaw-dropping dollar values of the "ecosystem services" of biomes like forests and coral reefs "“ including food, pollution treatment and climate regulation. Undertaken to help societies make better-informed choices, the economic research shows a single...

2009-09-03 12:30:00

Climate change is likely to result in the "imminent loss" of the world's coral reef systems, according to a new report on Wednesday. The study, backed by the UN's Environment Program and sponsored by the European Commission, Germany and Britain, found that current efforts to reduce climate change are not extensive enough to save the world's reef systems, which researchers have estimated may be worth more than $100 billion annually. "We face the imminent loss of coral reefs due to climate...

2008-10-11 10:05:00

A EU-commissioned study claims the global economy is losing more money from the disappearance of forests than through the current banking crisis. The study puts the annual cost of forest loss at between $2 trillion and $5 trillion, a figure that comes from adding the value of the various services that forests perform, such as providing clean water and absorbing carbon dioxide. The study, headed by a Deutsche Bank economist, parallels the Stern Review into the economics of climate change. The...

2008-09-12 12:00:18

Pavan Sukhdev, Study Leader for a report jointly sponsored by the European Commission and the German government on the economic impacts of biodiversity loss will be in Washington on September 16 for meetings with the World Bank and the Global Forest Leaders Forum. The study, The Economics of Ecosystems and Biodiversity (TEEB), was commissioned by German Environment Minister Sigmar Gabriel and European Commissioner for the Environment Stavros Dimas and will be finalized in 2009. But...

2008-05-30 02:50:00

The loss of various species and lack of biodiversity may come at an economic cost, according to new findings presented to delegates from 191 countries in the United Nations' Convention on Biological Diversity on Thursday. The study showed that biodiversity was not just about saving endangered pandas and tigers. Instead it underscored the need for reform in wake of increased pressure on commodity and food prices. "Urgent remedial action is essential because species loss and ecosystem...

Word of the Day
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".