Friday, September 3, 2010

Protecting Ecosystems Saves Money

November 19, 2009 by Gina-Marie Cheeseman  
Filed under Clean Energy

Protecting ecosystems saves money, according to a new study, The Economics of Ecosystems and Biodiversity (TEEB). The UN Environment Program (UNEP) hosted the study. The study emphasizes putting a price tag on saving the world’s ecosystems from destruction. The study itself puts a price tag on the ongoing cost of forest loss:  $2 to 5 trillion. Clearing mangrove forests costs local communities over $12,000 a hectare, plus $9,000 to rehabilitate a site.

Protecting ecosystems creates jobs. One in 40 European jobs linked with environmental and ecosystem services. Investing in the protection of Guatemala’s Maya Biosphere Reserve generates $50 million a year, created 7,000 jobs, and increased local family incomes.

The study sites other examples:

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