IUCN host workshop on Economic Valuation of LMEs at GEF International Waters Conference

06 September 2007 | News story

Economic Valuation (EV) is a practical tool that can be used within a business approach to ecosystem management. It can be applied in a multitude of different ways but is commonly used to assess potential benefits and costs, and to identify potential stakeholders and threats. At the end of July 2007, IUCN offered participants at the GEF Fourth Biennial International Waters Conference the chance to attend a workshop to learn more about this tool applied in the context of Large Marine Ecosystems (LMEs).