Ma - opportunities & challenges for business & industry

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Opportunities and Challenges for Business and Industry

Ecosystems and M I L L E N NHuman Well-being:SO pY oSt uT i tEe sMn d C h aSl eSg eEs So r SB uMn eEs sN nT I n d u s t r y 1 I U M E C O p r n i a A l n f si a d

A Report of the Millennium Ecosystem Assessment The Millennium Ecosystem Assessment (MA) is a four-year international scientific assessmentof the consequences of ecosystem change for human well-being. A multisectoral Board of Directors—consisting of senior representatives from government, business, NGOs, U.N. agencies, academia, and indigenous peoples—developed and managed the MA. The assessment was conducted by 1,360 natural and social scientists from 95 countries and was comprehensively peer-reviewed by an additional 600 experts.It provides a state-of-the-art scientific appraisal of the condition and trends in the world’s ecosystems and the services they provide (such as clean water, food, forest products, flood control, and natural resources). The assessment also analyzed options to restore, conserve, or enhance the sustainable use of ecosystems and their contributions to human well-being. Financial support for the MA wasprovided by a variety of governments, institutions, and foundations around the world. This report synthesizes the take-home messages of the MA for the business community throughout the industrial and developing world. It begins by highlighting key MA findings with particular relevance for businesses large and small. The report then provides an interpretation of the significance of these findings forbusiness and industry, including a checklist of questions designed to help tailor the general findings of the MA to a particular business. This report was prepared by a panel of assessment authors and representatives of businesses and partner organizations, academic experts, and members of the NGO community. It provides a portal for businesses into the Millennium Ecosystem Assessment.Millennium Ecosystem Assessment Business and Industry Synthesis Team
Synthesis Team Co-chairs

Steve Percy
CEO, BP America (formerly)

Jane Lubchenco
Distinguished Professor of Zoology, Oregon State University Synthesis Team Members Business Council for Sustainable Development-Brazil

Fernando Almeida Paul Armsworth

University of Sheffield

Andrew Bennett Kristie Ebi

Syngenta Foundationfor Sustainable Agriculture Exponent Health Group

John Ehrmann

Meridian Institute World Business Council for Sustainable Development

James Griffith

Pushpam Kumar
The World Bank

Institute of Economic Growth

Stefano Pagiola Glen Prickett
Rio Tinto Conservation International

David Richards Jorge Rivera
George Washington University

Valerie Thompson Axel Wenblad
Skanska ABWorld Resources Institute

Gary Yohe

Wesleyan University


Ecosystems and Human Well-being: O p p o r t u n i t i e s a n d C h a l l e n g e s f o r B u s i n e s s a n d I n d u s t r y

Why the Millennium Ecosystem Assessment Is Important for Business and Industry The Bottom Line What We Know
Key Trends in Ecosystems and Their Services Ecosystem Trends of ParticularImportance to Business Scenarios in the Assessment Changing Policy Environment

2 3 6
6 10 19 22

How the MA Findings Affect Your Bottom Line
License to Operate Corporate Image, Reputation, and Brand Risk Cost of Capital and Perceived Investor Risk Access to Raw Materials Operational Impacts and Efficiencies New Business Opportunities New Technologies for New Opportunities Taking the NextSteps

24 24 25 25 26 27 28 29

Appendix: MA Web Site


1. Why the Millennium Ecosystem Assessment Is Important for

Business and Industry
usinesses interact with ecosystems and ecosystem services in two important ways: they use services and they contribute to ecosystem change. The MA discovered that two thirds of the ecosystem services it examined are being degraded or used...