Factoring the planet's multi-trillion dollar ecosystem services into policy-making can help save cities and regional authorities money while boosting the local economy, enhancing quality of life, securing livelihoods and generating employment according to this study released by TEEB for Local and Regional Policy Makers at the biodiversity conference in Ghent, Belgium.
This report is planned to be a useful advisory tool for local and regional policymakers, administrators and managers. The information in this report will also be of interest to organisations such as NGOs, regulatory bodies, permitting agencies and the judicial system. It will explore and give practical guidance on how to deal with the challenge of biodiversity loss at a local and regional level. It will examine what local governments can do with respect to natural resource use and management, maintaining and supporting biodiversity, local and regional urban and spatial design, as well as market-based approaches, such as Payment for Ecosystem Services (PES).