Former scientific director of Anil Markandya took part at WRI Restoration Economics & Finance Webinar Series No.2


Most land use (change) decisions are still based on incomplete information about the real welfare effects (costs and benefits) because many so-called externalities (positive and negative) associated with the change in land use and management are neglected. This leads to loss and degradation of ecosystems and their services affecting human well-being. Worldwide more than 25% of the land surface is now more or less degraded (UNCCD Global Land Outlook, 2017), costing between 4 and 20 trillion US$/year in terms of damage, repair or replacement costs (Costanza et al., 2014). Better information is therefore needed on the benefits (monetary and non-monetary) of conservation, restoration and sustainable use of ecosystems and landscapes. To assess the multiple benefits of nature conservation, landscape restoration and sustainable land management in a systematic, effective and efficient way, good guidelines supported by practical tools and online databases, are essential.

 

In this webinar, our distinguished guest speakers, Professor Dolf de Groot (Wageningen University) and Dr. Simon Moolenaar (Commonland Foundation) will present their most recent work on “Valuing and Capturing the benefits of ecosystem restoration – guidelines and case study of a large-scale landscape restoration project in S. Spain”. In addition, we are honored to have two distinguished panelists, Professor Anil Markandya (Former scientific director of Basque Center for Climate Change/ distinguished Ikerbasque Professor) and Paul Chatterton (WWF Landscape Finance Lab) joining the discussions as well.

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