GIZ under its support to TEEB India Initiative (TII) unravels the tremendous value of biodiversity in India through a story map
The Story Map highlights the ecosystems values and their relation to human well-being in the form of 14 case studies from three different ecosystems (forests, inland wetlands, and coastal and marine ecosystems).
The aim of the Story Map is to highlight and illustrate the approach, salient findings and providing overall recommendations to show how economic concepts and tools can help equip society with the means to incorporate the values of nature into decision making at all levels.
The project ‘Incentives for Sustainable Management of Biodiversity and Ecosystem Services (ISBM)’ is one of the projects under the under the Indo-German Biodiversity programme, which was launched in 2012. The project is commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) and is being implemented by the Ministry of Environment, Forest and Climate Change (MoEFCC), and the Deutsche Gesellschaft für Internationale Zusammenarbeit(GIZ) GmbH.
The objective of the project is to ensure that the economic value of biodiversity and ecosystem services are used to enhance the effectiveness of conservation and management of three priority ecosystems in India—forests, inland wetlands, and coastal and marine ecosystems.
ISBM supports two major national initiatives:
- The Economics of Ecosystems and Biodiversity (TEEB) – India Initiative (TII): TII aims at making the values of biodiversity and the linked ecosystem services explicit for consideration and mainstreaming into developmental planning.
- India Business and Biodiversity Initiative (IBBI): IBBI serves as a national platform for businesses for dialogue sharing and learning, ultimately leading them to mainstream sustainable management of biodiversity into business operations.
Following an open ‘Call for Concept Notes’, the ISBM project commissioned 14 field studies for the three priority ecosystems dealing with the following concerns:
- Forests: The TII studies deal with issues such as hidden ecosystem services of forests, conflicts between humans and wildlife, and the economic consequences of species decline.
- Inland Wetlands: The TII studies draw lessons on water resource management, community stewardship and equity, and the economics of hydrological regime changes.
- Coastal and Marine Ecosystems: The TII studies explore the opportunities and economic efficiency of interventions such as eco-labelling, seasonal fishing bans, mangrove regeneration, and the challenge of bycatch in marine fisheries.
This approach ensures that recommendations emerging from these studies can be integrated into the development of policies for conservation and sustainable use of the selected ecosystems.