TEEB (The Economics of Ecosystems and Biodiversity)

TEEB, or The Economics of Ecosystems and Biodiversity, is an initiative that highlights the economic value of natural ecosystems and biodiversity. It aims to show how healthy ecosystems provide essential services, like clean water, food, and climate regulation, which support human well-being. By putting a monetary value on these benefits, TEEB encourages governments, businesses, and individuals to make decisions that protect and enhance the environment. Ultimately, TEEB seeks to integrate ecological sustainability into economic planning, promoting a balance between development and conservation for a more sustainable future.