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“There are no economies without ecosystems, but there are ecosystems without economies...” The Economics of Ecosystems and Biodiversity (TEEB) Report, European Communities (2008)

Ecosystem degradation can pose a number of risks to corporate performance as well as create new business opportunities:  
  •  Operational;
  •  Regulatory and legal;
  •  Reputational;
  •  Market and product;
  •  Financing.

Example of business risks and opportunities:
The EFR methodology consists of five steps:
  • Select the scope;
  • Identify priority ecosystem functions;
  • Analyze trends in priority functions;
  • Identify business risks and opportunities;
  • Develop strategies.

Business benefits:
  • Identifying new business risks and opportunities arising from a company’s dependence and impact on ecosystems and the functions they provide;
  • Framing and giving added urgency to risks or opportunities previously identified by management;
  • Anticipating new markets and influencing government policies that will emerge in response to ecosystem degradation;
  • Strengthening existing approaches to environmental and social management;
  • Improving stakeholder relationships.

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