. The Cost of Policy Inaction: The case of not meeting the 2010 biodiversity target. Overall, the analysis suggests that without halting biodiversity loss, the world in 2050 shall benefit much less from the flow of ecosystem services than in 2000. Annual Loss of economic value of ecosystem services that would have been available had biodiversity remained at 2000 levels Estimate for 2050 Services that would have been there, had biodiversity been halted Box 2: Different ways of presenting the scale of the COPI of biodiversity loss - example for the forestry biomes. There are several ways of repr
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. The Cost of Policy Inaction: The case of not meeting the 2010 biodiversity target. Overall, the analysis suggests that without halting biodiversity loss, the world in 2050 shall benefit much less from the flow of ecosystem services than in 2000. Annual Loss of economic value of ecosystem services that would have been available had biodiversity remained at 2000 levels Estimate for 2050 Services that would have been there, had biodiversity been halted Box 2: Different ways of presenting the scale of the COPI of biodiversity loss - example for the forestry biomes. There are several ways of representing the losses for ecosystem services over a time period, with each different approach responding to different audience's perspectives. The COPI approach focused primarily on the estimation of the cumulative losses of biodiversity, by looking at the value of the loss in a given year, here 2050. This is an indication of the scale of the benefits from biodiversity that our children or 2M° a"° "" ""• grandchildren would not appreciate due to the loss of biodiversity due to the current generation's inaction. The schematic for this value is presented below - A. There are, however, other ways of presenting the value. In the financial sector there is a preference for looking at the capitalized value of the future loss of services due to loss of ecosystems and biodiversity. This is the "net present value" (NPV) of the future stream of loss of value from one year's loss of natural into the future Valuation and Ecosystem service losses A year's biodiversity loss leads to ecosystem services losses into the future: B Lories into the future [he biodivosiry is gone, the flow loss is lost forever capital. As the loss of biodiversity and hence ecosystem services continues into the future, the losses add up, and this can be presented by the aggregated loss. The schematics for theses values are presented below — B and C. For the latter two, to derive