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In order to investigate the development of MBIs for biodiversity and ecosystem services, the Fondation d’entreprise Hermès and IDDRI are convening an international conference that will address the following issues:

  • Clarifying the concept of MBI and its underlying assumptions, in a context where the terminology and definition remain imprecise and unstable and the links with economic theory insufficiently explicit;
  • Presenting the landscape of MBIs that are designed for and applied to the conservation of biodiversity and the provision of ecosystem services at various geographical scales;
  • Studying the efficiency of MBIs as modes of intervention, their legitimacy with respect to public policy principles, and their equity implications;
  • Investigating and analysing the incorporation of MBIs into public policies, challenging the assumption that these instruments move decisions and financing from public to private hands;
  • Discussing recent controversial MBIs to determine the associated risks in the short-and medium-terms and their prospects in the longer term;
  • Concluding on possible scenarios for the future.


8.30am – 9.00am: Welcoming attendees

9.00am – 10.00am: OPENING SESSION

- Welcome address: Pierre-Alexis Dumas (Fondation d’entreprise Hermès)
- Introduction: Laurence Tubiana (IDDRI)
- Presentation of the background paper to the conference: Romain Pirard (IDDRI)

>> see the video of the opening session

10.00am – 10.50am: FIRST SESSION
"Market-based instruments for biodiversity and ecosystem services: Concrete illustrations and references to markets"
Session chaired by Xavier Le Roux (FRB)

- Presentation on Payments for Ecosystem Services: Unai Pascual (Cambridge University)
- Presentation on Certification schemes: Lars Gulbrandsen (Fridtjof Nansen Institute)

>> see the video of the first session (1st part)

10.50am – 11.20am: Coffee Break

11.20am – 12.40pm: FIRST SESSION (Continuation)

- Presentation on Tradable permits: Sonia Schwartz (GREQAM)
- Presentation on Procurement Auctions: Eirik Romstad (Norwegian University of Life Science)
- Open discussion

>> see the video of the first session (continuation)

12.40pm – 2.00pm: Organic buffet

2.00pm – 3.20pm: SECOND SESSION
"Market-based instruments and public policies: The legitimacy and equity issues"
Session chaired by Matthieu Wemaëre (IDDRI)

- Do markets hold sufficient legitimacy to guide environmental management and determine the fate of biodiversity? Olivier Godard (CNRS – École Polytechnique)
- Tension between equity and efficiency principles within PES: Alain Karsenty (Cirad)
- Open discussion

>> see the video of the second session

3.20pm – 3.40pm: Coffee Break

3.40pm – 5.00pm: THIRD SESSION
"Market-based instruments: Do assumed efficiency gains justify emerging controversial tools?"
Session chaired by Raphaël Billé (IDDRI)

- Efficiency gains or complementary sources of financing? The reasons for the emergence of MBIs: Katia Karousakis (OECD)
- Controversies on emerging MBIs: Getting out of the hands of public authorities with species banking? Valérie Boisvert (IRD)
- Open discussion

>> see the video of the third session

5.00pm - 6.30pm: CLOSING ROUNDTABLE
"What future for MBIs for biodiversity and ecosystem services?
Roundtable chaired by Catherine Garreta (AFD)

Panelists: Claude Henry (Columbia University, École Polytechnique, IDDRI) ; Andrew Deutz (The Nature Conservancy) ; Claude Nahon (Groupe EDF) ; Jérôme Bignon (Member of the French National Assembly and President of the French Agency for Marine Protected Areas)

>> See the video of the closing roundtable


Download the programme

Download the speakers biographies

Download the conference's background paper: "What’s in a name? Market-based instruments for biodiversity"

The series of conferences on biodiversity and ecosystems organised by IDDRI and the Fondation d' entreprise Hermès aims to contribute to making biodiversity a real issue for society, by opening up debates beyond purely expert circles.

It was launched with an inaugural conference on 16 February 2010 at the musée du quai Branly (Paris) entitled "Biodiversity 2010 and beyond? ».