The Economics of Ecosystems

The general area of the economics of ecosystems is something that I have been banging on about for while. Now we have a Web site and even a glorious PDF report on the subject:

The Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative to draw attention to the global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, and to draw together expertise from the fields of science, economics and policy to enable practical actions moving forward.

Basically, we'd be mad - not just for environmental reasons, but economic ones too - not to look after our global commons. After all, it's the only one we've got....