Eco-agri-food value chain
TEEB
Development of TEEBAgriFood
TEEB, known for its pioneering research on the economic values of nature in 2010, brought together more than 150 experts from 33 countries to deliver a strong and urgent message to the global community on the need for a transformation of our agriculture and food systems that is sustainable, equitable, and healthy. The TEEBAgriFood initiative brings together scientists, economists, policymakers, business leaders, and farmers’ organizations to agree on how to frame, undertake and use holistic evaluations of agricultural systems, practices, products, and policy scenarios against a comprehensive range of impacts and dependencies across food value chains.
TEEBAgriFood is hosted by The Economics of the Ecosystems and Biodiversity (TEEB) Office at the United Nations Environment Programme (UN Environment). The Global Alliance for the Future of Food, the European Commission, and the Norwegian Agency for Development Cooperation support the initiative.
As a result of interdisciplinary collaboration, TEEBAgriFood goes beyond the original TEEB in that it seeks to be inclusive of externalities that are not typically included in environmental economics. This includes the social externalities, cultural externalities and health-related externalities of food systems, both negative and positive (the stocks of eco-agri-food systems comprise four different “capitals” – produced capital, natural capital, human capital and social capital – which underpin a variety of flows encompassing production and consumption activity, ecosystem services, purchased inputs and residual flows).