Biodiversity and Ethical Business

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Ecosystem Valuation Initiative (WBCSD)

The WBCSD is launching its Ecosystem Valuation Initiative (EVI) to extend the scope to include quantification of ecosystem risks and opportunities by providing guidance to companies on accounting for appropriate ecosystem benefits and costs.

A scoping study was commissioned during the first phase of EVI and attempts to answer the following questions:

* Why does ecosystem valuation matter to business?

* What is the current state of play as regards ecosystem valuation methods, practices and applications?

* How far are these experiences and techniques relevant for business?

* How is ecosystem valuation being used by the corporate sector?