s7 Cultural Ecosystem Service (CES) for Local Community in Aruba 2017 IVM Wolfs Company YABI Institute for Sarphatistraat 370 Boroncana 223A Environmental Studies 1018 GW, Amsterdam Noord VU University The Netherlands Aruba Amsterdam T: +31 20 520 6993 T: +297 560 2700 De Boelelaan 1087 E:
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[email protected] Authors: Esther Wolfs, Francielle Laclé, Martina Bubalo, Pieter van Beukering and Rosa Pols. This report was commissioned by Setar N.V. Corporate Social Responsibility Fund and supported by The Government of Aruba 2 Summary This research is based on the TEEB framework- The Economics of Ecosystem Services and Biodiversity. TEEB is a branch in United Nations Environment Programme’s (UNEP) Ecosystem Divisions work, which aims to derive insight in the strong link between Economy and Nature. The objective of this research - which forms part of a larger umbrella TEEB Aruba research project - is to determine the cultural ecosystem service (CES) value that the marine and terrestrial environment of Aruba provides to its local community. The latter in order to improve decision making on conservation efforts on the island by internalizing externalities in policies that affect the environment and its ecosystems in favor of residents. Governments around the world are taking a keen interest in the measurement of subjective well- being, with a view to measuring progress more effectively, improving their policy decisions, and increasing the well-being of citizens. Aruba has started the process of implementing and localizing the United Nations Sustainable Development Goals.