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ECOSYSTEM FUNCTIONS REVIEW (EFR) FOR BUSINESS

“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.

People  from more than 70 countries have joined the Cooperative as founding  members including many of the top Permaculture designers and trainers in  the world Rhamis Kent, Ben Falk, Jillian Hovey, Daniel Halsey, Albert Bates, Paul  Cohen, May East, Mark Shepard, and many others already have pledged  their support. We have also been joined by some of the leaders of  Commonland.



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