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Invaluable

A new biodiversity research programme from IDDRI

Invaluable is a research programme at the Institute for Sustainable Development and International Relations (IDDRI) in Paris, launched in 2012 with nine European partners including France’s IRD and CIRAD (development and agricultural research). Invaluable analyses market instruments aimed at halting the erosion of biodiversity.

Fondation d'Entreprise Hermès - Invaluable
© Romain Pirard, 2012

Biodiversity is universally recognised as a key issue in today’s world. Market instruments including taxes, subsidies, certifications and contracts, have been designed to help ensure its preservation. The Invaluable programme is making a precise study of their effects – in particular compensation for the loss of biodiversity, agro-environmental measures, and payments for environmental services. 

In addition to institutional analysis, Invaluable surveys populations implicated in these economic choices, from individual households to local and national authorities. Researchers examine the legitimacy of market instruments, and measure their environmental and socio-economic effects (their impact on biodiversity, poverty and social inequality). The programme also analyses the interface between scientific results and policy decisions. Case studies at the micro and macro level cover Indonesia, Cambodia, Guatemala, Costa Rica, Mexico, Ecuador, Brazil, Belgium, Germany and France.

The Fondation d’entreprise Hermès will partner the Invaluable programme through to completion in mid-2015, continuing its support for biodiversity research at IDDRI. On completion, the programme’s partners will communicate their results in the form of a set of recommendations on the conditions for biodiversity success and failure, to be distributed to public decision-makers in the countries concerned, national and international NGOs, and the public at large.

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Programme coordinator : Renaud Lapeyre

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