TEEBAgriFood

Promoting A Sustainable Agriculture & Food Sector

The TEEBAgriFood: Operational Guidelines for Business have launched. 

The Economics of Ecosystems and Biodiversity for Agriculture and Food (TEEBAgriFood) initiative brings together scientists, economists, policymakers, business leaders and farmers organizations to undertake and apply holistic assessments of agricultural systems, practices, products and policies.

Through its work, the initiative highlights the need for organisations in the food system to better understand their impacts and dependencies on natural, social and human capital, and provides them with the guidance to apply this information in their decisions in ways that deliver benefits across the system.

As part of a new project generously supported by the EU, the Capitals Coalition will work with businesses as part of this global UNEP project, with the overall goal of building resilience, mainstreaming best practice, protecting biodiversity and contributing to a more sustainable agriculture and food sector in seven EU partner countries: Brazil, China, India, Indonesia, Malaysia, Mexico and Thailand.

 

Transforming the system

The ways in which the global food system depends on the health of natural ecosystems is clear. It’s also clear that the current degradation of natural systems impacts not only on agri-businesses, but also on workers, local communities, food security, public health, the economy and the climate.

Positive interventions in the food system therefore have the ability to generate benefits that cascade through nature, society and the economy.

To successfully transform the food system, we need to:

  • Develop collaborative partnerships at regional and national levels between key players in the agri-food value chain,
  • Support those working in the sector to understand the complex ways in which they depend and impact on the health of ecosystems for their success, and provide a clear business case for investing in their protection and restoration, and
  • Identify areas where nature-based solutions can be implemented to deliver benefits for business, nature and communities.

Our role

Over the next three years, the Capitals Coalition will engage and partner with agri-business networks through the following activities:

1. Develop guidelines for business application, outlining how they can take better decisions based on assessment, measurement and valuation of invisible flows and stocks level of natural, social and human capitals across agri-food value chains. An international and high-level panel Steering Committee pilot the construction of these guidelines. Find the draft guidelines here. 
2. Boost country-wide collaboration, building strong and robust country-level networks. The Capitals Coalition is creating strategic partnerships with local actors. In 2020, webinars on sustainable agriculture are organized in the seven countries partners.  
3. Organize roundtables in each country, bringing together key stakeholders to discuss geographically-specific challenges, best practices and collaborate on the development of new guidelines based on the TEEBAgriFood Evaluation Framework and the Natural and Social & Human Capital Protocols.
4. Build capacity through training programs, providing the knowledge and support from experts to carry out natural, social and human capital assessments and pilot studies. Participants will be able to integrate their understanding into their day to day business activities.
5. Consolidate practical cases application, share evidence and scale up guidance to a global audience for the transformation of decision-making in the world agri-food sector.

Get involved

As with all Coalition projects, TEEBAgriFood is collaborative and involves the diverse range of interests that exist in our network, particularly within business, conservation, government, science and academia, accountancy, finance and standard-setting.

If you are interested in getting involved, please contact us at info@capitalscoalition.org for more information.

This project is made possible thanks to the generous support of the European Union.

Partners: