Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-06-Speech-3-137"
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"en.20101006.12.3-137"2
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"I would like to emphasise, in the context of this debate, the important role played by ‘The Economics of Ecosystems and Biodiversity’ (TEEB) project, funded by a number of European states, which calculates the financial value of nature and the costs incurred as a result of biodiversity loss. TEEB allows us to raise awareness about the magnitude of the challenges involved and to prepare the future decisions in this area. I would simply like to mention a few facts presented in recent TEEB findings. The cost of deforestation is rising to approximately USD 4.5 trillion per year. According to other similarly recent estimates, more than a quarter of the world’s initial biodiversity disappeared by 2000, with the expectation of a further loss of more than 10% by 2050. I can give you more examples. In these circumstances, the timing of the Nagoya Summit could not be better. Furthermore, I believe that this parliamentary debate is particularly timely as well because it allows us, at EU level, to harmonise our position for the forthcoming summit."@en1
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