Kamchatka will become the first region in Russia where a TEEB study is implemented. Russia’s Minister of Natural Resources and Ecology, Sergey Donskoy, officially supported the evaluation of ecosystem services on the peninsula during his meeting with the Executive Director of UNEP, Achim Steiner. The Minister highlights that the proposal to work on a TEEB study in Kamchatka is one of the priorities in the historic document to be signed between the Government of the Russian Federation and UNEP. According to Minister Donskoy, the complex economic valuation of ecosystem services and biodiversity of Kamchatka region, based on TEEB principles, will help to make the most successful scenarios of regional economic, ecological and social development.
