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The costs of pricing nature: The implications of payment for ecosystem services in Europe

Explore the trends in ecosystem change in Europe and the EU's initiatives in payment for ecosystem services. Analyze if these solutions work and highlight other possible approaches. Address concerns and weaknesses in current systems, such as the difficulties in valuing non-provisioning services. Learn about the implications of market-driven approaches like the Emissions Trading Scheme and discuss potential solutions including public decision-making and mainstreaming non-provisioning services. Get involved and stay informed with the Quaker Council for European Affairs.

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The costs of pricing nature: The implications of payment for ecosystem services in Europe

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  1. The costs of pricing nature: The implications of payment for ecosystem services in Europe Bethany Squire & Alexandra Bosbeer Quaker Council for European Affairs

  2. Outline • Problem: Trends in ecosystem change in Europe • One solution: Overview of EU initiatives in payment for ecosystem services (PES) • Does it work? Main concerns • What to do? Other solutions Quaker Council for European Affairs office@qcea.org

  3. 2000 - 2006 Source: European Environment Agency Quaker Council for European Affairs office@qcea.org

  4. Degraded ecosystem services Status 1990-2010, based on EEA 2010 (Rubicode)

  5. Alien species increasing Source: European Environment Agency Quaker Council for European Affairs office@qcea.org

  6. EU initiatives: Soils and water Quaker Council for European Affairs office@qcea.org

  7. Biodiversity Targets 2010 : halt the loss of biodiversity 2020 : halt the loss of biodiversity Target 2: Maintain and restore ecosystems and their services: Member States to map and assess state of ecosystems and services by 2014, assess the economic value of such services, &, by 2020, promote integration of these values into accounting at EU & national levels. Quaker Council for European Affairs office@qcea.org

  8. Weaknesses • Provisioning services easiest to value • Integration: CAP and CFP • Market is not amenable to reflecting complexities Quaker Council for European Affairs office@qcea.org

  9. Case study: Emissions Trading Scheme (ETS) • Left to market – demand assumed • 2005 = €40  2013= €4 • Managing emissions credits = fast-growing sector of financial services • Halting emission of CO2 => secondary objective Quaker Council for European Affairs office@qcea.org

  10. Problems & opportunities • Market ≠ public interest • ‘Business as usual’ • Exacerbating scarcity to maximize profits • Behavioural economics • Social justice issues • Exporting land demand • Human well-being Quaker Council for European Affairs office@qcea.org

  11. Potential solutions • Raising awareness of valuesvs valuing • Public decision-making • Wider picture • Non-provisioning services • ‘Mainstreaming’ • Combination of methods: regulation and pricing Quaker Council for European Affairs office@qcea.org

  12. Questions or more information: You are ‘civil society’! abosbeer@qcea.org Quaker Council for European Affairs Square Ambiorix 50, 1000 Brussels www.qcea.org Sign up with us for action alerts to respond to EU consultations. Quaker Council for European Affairs office@qcea.org

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