Secretariat of the Convention on Biological Diversity

Welcome to the course on Biodiversity Valuation

This course consists of 3 modules, which focus on the valuation of ecosystem services and the application of economic valuation methods, as these are particularly salient for economic decision-making. Learning about biodiversity valuation implies understanding that the incorporation of values, and the application of valuation methods, is itself value-driven. The Convention on Biological Diversity recognizes that there is a broad range of biodiversity values in addition to economic value, including intrinsic, ecological, genetic, social, scientific, educational, cultural, recreational and aesthetic values. In line with national conditions, priorities and value systems, recognizing this diversity of values can provide the basis for the inclusive valuation of nature (biodiversity) and its multiple benefits for people, in line with the approach of the Intergovernmental Panel on Biodiversity and Ecosystem Services (IPBES).

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