1887

Socio-economic importance of ecosystem services in the Nordic Countries

Synthesis in the context of The Economics of Ecosystems and Biodiversity (TEEB)

image of Socio-economic importance of ecosystem services in the Nordic Countries

Nature provides a range of benefits (ecosystem services) that underpin human and socio-economic well-being. Many of these benefits – and the associated economic values – are not acknowledged in decision-making. As a result, nature remains almost invisible in the political and individual choices made. This report presents a synthesis of the socio-economic importance of ecosystem services in the Nordic countries. The study was initiated by the Nordic Council of Ministers (NCM) and the NCM Finnish Presidency in 2011, following in the footsteps of The Economics of Ecosystems and Biodiversity (TEEB) initiative. The study reveals that Nordic ecosystems play an integral role in supporting socio-economic wellbeing. However, a number of gaps in the existing information base still need to be addressed to ensure that these benefits are fully integrated into the Nordic decision-making processes.

English

.

Nordic countries and ecosystems

The Nordic countries are Denmark, Finland, Iceland, Norway and Sweden (in alphabetic order) (Figure 7.1 and Table 7.1). In addition, the Nordic region includes the three self-governing regions of Greenland (DK), the Faroe Islands (DK) and Åland (FI). Finland, Sweden and Denmark are members of the EU, and consequently subject to the EU 2020 Biodiversity Strategy, while Norway and Iceland are members of the European Free Trade Association (EFTA), participating in some EU initiatives. All Nordic countries are also Parties to the CBD, making them politically committed to implement the global biodiversity targets for 2020.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error