On IPBES´ framing of the values of nature

Abstract

The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), is highly influential when it comes to setting the global agenda for addressing the nature crisis. In the work of IPBES, significant attention is paid to how nature is valued, with one of IPBES recent assessments solely focusing on values and valuations. Fundamental in IPBES approach is the recognition that there are diverse conceptualizations of the multiple values of nature and that these should be considered if the negative trends for biodiversity are to be changed. This report presents an overview of IPBES’ framing of the values of nature from the perspective of financial decision-making. The report ends with some questions and concerns that support pertinent reflections for the continued work of BIOPATH: How are biodiversity considerations framed and contextualized in mapping and evaluation initiatives and exercises? Are nature’s contributions to people, embracing ecosystem services, taken into account in biodiversity considerations? How to compare impacts across geographic ranges? How to bridge between different valuation methods, including between quantitative and qualitative measures?