Download - Pavan Sukhdev - Pricing the priceless
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The Future of Food
Pavan SukhdevStudy Leader, TEEB
Founder-CEO, GIST Advisory& UNEP Goodwill Ambassador
The True Cost of American FoodSan Francisco | 15th April 2016
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Does nature have a price?
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MARS0 Biosphere
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EARTH1 Biosphere
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Recognizing value
Demonstratingvalue
Capturingvalue
Regional Plans
Legislations
PES
Certification
PA Evaluation
TEEB Approach to Valuation
Ch.4Ch.5 Ch.3 Ch.3
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Norms, Regulations& Policies
Markets
EconomicMechanisms
Recognizing value
Demonstratingvalue
Capturingvalue
Regional Plans
Legislations
PES
Certification
PA Evaluation
TEEB Approach to Valuation
Ch.4Ch.5 Ch.3 Ch.3
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GDP of the PoorTEEB’s economic case for conserving, not destroying
ecosystems, to solve poverty
Source: Gundimeda and Sukhdev, TEEB for National & International Policy
Indonesia India Brazil
25%
75%
47%
89%
99 million 352 million 20 millionNature-dependent rural poor & forest dwellers :
Ecosystem services
Ecosystem services consumed by the poor as a % of “GDP of the poor” :
Natural Capital Sectors’ contributions as a % of classical GDP :
21%
79%
16%
84%
10%
90%
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Typical large corporation impacts MANY stakeholder classes & capital categories
* Community wealth and public wealth are elements of “shared value”
• Factories• Buildings• Securities• Cash
Physical Capital
• Community Centres
• Community Schools
• Roads• Bridges• Public
Hospitals
• Health• Education• Job Skills
Human Capital
• Traditional Community Knowledge
• Public Databases
• Non-patent Knowledge
Social Capital
• Community Norms & Customs
• Law & Order• Taxation• Social Equity
& Inclusion
• Gardens• Fields• Forests
Natural Capital
• Community Forests
• Grazing Commons
• High Seas Fisheries
• National Parks/Forests
Private Owners
Community Owners*(Club Goods)
Public Ownership* (Public Goods)
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Large corporations report ONE stakeholder impact: Physical Capital of Shareholders
* Community wealth and public wealth are elements of “shared value”
• Factories• Buildings• Securities• Cash
Physical Capital Human Capital Social Capital Natural Capital
Private Owners
Community Owners*(Club Goods)
Public Ownership* (Public Goods)
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The visible flows of agricultural production
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The visible and invisible flows!
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That is why TEEBAgriFood has proposed a Comprehensive Valuation Framework
“VALUE- ADDITION” Production
Value Chain Stages
Visible & Invisible Flows
Natural Land-scape
Infra & Mfg
Farm
Captured in SNA (Profits, Wages, Taxes - Subsidies, etc)
The narrow field of view of “per hectareproductivity”…
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That is why TEEBAgriFood has proposed a Comprehensive Valuation Framework
Social Values (food security; gender equity; etc )
Risks & Uncertainties (Resilience; Health; etc)
“VALUE- ADDITION” Production Processing & Distribution Consumption
Value Chain Stages
Visible & Invisible Flows
Natural Land-scape
Infra & Mfg
Farm Wholesale F & B Retail Industry/ Household/ Hospitality
Waste Mngmt
Captured in SNA (Profits, Wages, Taxes - Subsidies, etc)
Provisioning Services (Materials, Energy, etc)
Regulation & Maintenance (Soil, Water, Habitat, etc)
Cultural (lifestyle, heritage…)
Health (Nutrition, Diseases, Antibiotic Resistance, etc)
Pollution (Nitrates, Pesticides, Heavy metals, etc)
Emissions (CO2 ; CH4 ; etc)
The narrow field of view of “per hectareproductivity”…
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Thank You!www.teebweb.org
Pavan Sukhdev
Study Leader, TEEB Founder-CEO, GIST Advisory
& UNEP Goodwill Ambassador
/TEEB4ME @TEEB4ME