TESSA

This Toolkit for Ecosystem Service Site based Assessments (TESSA) provides practical guidance on how to identify which services may be significant at a site of interest, what data are needed to measure them, what methods or sources can be used to obtain the data and how to communicate results. It assesses and values ecosystem services, supporting natural capital accounting and investment decisions.

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OVERVIEW

The Toolkit for Ecosystem Service Site-Based Assessment (TESSA) was developed by BirdLife International, a global partnership focused on bird conservation. TESSA is designed to assist non-experts in evaluating the benefits that natural sites provide to human well-being. It offers practical guidance on identifying significant ecosystem services at specific locations, determining necessary data for assessment, selecting appropriate methods for data collection, and effectively communicating findings.

The primary audience for TESSA includes conservation practitioners, land managers, and policymakers. However, finance professionals can also find value in this toolkit. By using TESSA, they can gain insights into the economic benefits of ecosystem services, which is crucial for informed investment decisions and risk assessments. Understanding these benefits can lead to better planning and resource allocation, ensuring that financial activities align with environmental sustainability goals.

For finance professionals, TESSA provides a structured approach to quantify and value ecosystem services. This information is essential when evaluating the financial implications of land-use changes, conservation projects, or investments in natural capital. By incorporating ecosystem service assessments into financial analyses, professionals can identify potential cost savings, revenue opportunities, and long-term risks associated with environmental factors.

In summary, TESSA is a practical tool that enables users to assess the benefits of nature at specific sites. Developed by BirdLife International, it serves a broad audience, including finance professionals who seek to integrate environmental considerations into their financial decision-making processes. By utilising TESSA, finance professionals can make more informed decisions that support both economic and environmental objectives.