UN Environment’s TEEBAgriFood – The Economics of Ecosystems and Biodiversity for Agriculture and Food Initiative

The TEEBAgriFood Initiative developed a unique comprehensive evaluation framework which allows assessing of impacts and externalities of agriculture and food systems – the environmental, health, social and cultural externalities, both positive and negative, and across value chains. It builds and illustrates the case for “systems” instead of “silo” thinking. This holistic approach of ‘true cost accounting’ allows decision makers to better compare different policies and the market to value agriculture and food more accurately. Thereby TEEBAgriFood will help to overcome barriers and effectively upscale agroecology and lead to more equitable agriculture and food systems. For its comprehensive approach providing opportunities to contribute to the majority of the SDGs and offering an effective system of ‘true cost accounting’, TEEBAgriFood was recognized with the Future Policy Vision Award 2018, awarded by the World Future Council in partnership with FAO and IFOAM – Organics International.