The attached is a presentation made by Pavan Sukhdev in Bonn earlier this year to commemorate Green Week 2008. It elaborates what TEEB really is, and illustrates the ecological, valuation and ethical challenges that lie ahead of us.

The researchers from the Grantham Research Institute on Climate Change and the Environment and the Centre for Climate Change Economics and Policy conclude that about US$400 billion should be spent worldwide on ‘green’ policies and investments which also help economic recovery and lay the foundations of sustainable low-carbon growth. The report, ‘An outline of the case for a ‘green’ stimulus’, points out that this sum represents about 20 per cent of the US$2 trillion, or 4 per cent of global gross domestic product, that governments might spend in the next 18 months on fiscal stimulus packages to lessen the economic downturn.

This article looks at inherent problems associated with seeking economic growth above all else.  In particular it advocates the creation of a more stable system; one that does not constantly need extra-resources, which the world can no longer supply. John Fullerton is a former Managing Director of JPMorgan, where he worked for 18 years in New York, London, and Tokyo, and subsequently was CEO of an energy focused hedge fund. He is now seeking to launch an investment fund for high impact sustainability initiatives and is working on “The Purpose of Capital,” a book about the role of investment capital in sustainable economics. He is a friend and supporter of the E. F. Schumacher Society in Great Barrington, Massachusetts. John can be reached at john@level3cap.com.

An outstanding presentation put together by Joshua Bishop and of great value and contribution to 'The economics of ecosystems and biodiversity' (TEEB)  for business report.

This Briefing Document, by Tomorrow’s Company, summarises microfinance and its increasing importance. It also briefly describes the most controversial issues surrounding different facets of microfinance.