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Symposium proposals for SENALMAR-COLACMAR 2015. Proposal title: Economic valuation, the importance of seas in wellbeing and development in Latin America. Symposium Organizers (name, institution, contact information): MSc. Julian Prato, economic valuation assessor. Executive secretary Colombian Ocean Commission.Phone: 3158520 ext. 106. Móvil: 3014862197 Supported by: Roberto Hudson. Planning Director at Environmental Corporation for Sustainable Development in San Andres islands, Providence and Santa Catalina, CORALINA. email: [email protected]: 317 6378901Rixie Newball. Economic valuation Asesor CORALINA Email: [email protected] Phone: 317 3680327 Overview (500 words max): Marine and coastal ecosystems in Colombia in the Pacific Ocean and the Caribbean Sea, are source of many benefits for the local population at a regional, national and even in some cases, at a global level. Moreover, this benefits constitute an engine for the economy in this region, it also promotes tourism, transportation, fishing trading and trading post, among others, creating thousands of jobs. However, the importance and benefits from marine ecosystems in Colombia is not well known, valued or included in the making-decision processes not even in social consciousness. Therefore, integral economic valuation studies become an important tool to put in monetary terms all the benefits obtained from the seas, to acknowledge its magnitude and importance. Additionally, it is develop social consciousness and attain governments committed to improve decision-making, territory use and development planning. On the other hand, it is a fact a lack of acknowledgment regarding the use of ecosystems for human wellbeing and economic development that are leading our nation to the deterioration of ‘human capital’. Therefore, this has awakened people from wide world concerned about ecosystems deterioration and the frequent loss of benefits from those. During this symposium will present the importance of Colombian and Latin American seas as sources of benefits for the population, as the contribution to ensure food security (fishing and agriculture), jobs creation, protection against natural phenomena and erosion, development of renewable energies and bioprospecting, among others. In addition, we attempt to invite to this symposium worldwide leaders in ecosystem services with emphasis in the marine environment. Additionally, we are seeking to introduce the concept of economic valuation and natural capital based on the investment in the marine ecosystems conservation, which is a very profitable source for the nations with maritime territories. Finally, the generation of social consciousness and novel tools that will raise awareness of the importance of marine ecosystems for wellbeing, equality, economic growth and development. We seek to improve the protection of the marine territory promoted from the government, increasing the amount of research in the field, valuing these ecosystems by including them on the development planning and national policies and by investing in conservation to increase the value of ecosystem services. Targeted Audience (300 words max.): Remark the importance of maritime territory in Colombia and its ecosystems, to promote wellbeing for the population and growth for the country. Present the advances and recent studies in economic valuation of marine ecosystems in Colombia and Latin America. Increase the knowledgment in the scientific community, academics and society regarding benefits and importance of marine ecosystems for wellbeing and development. Discuss the relevance of investment in conservation and marine ecosystems management, to enhance its integrity (in extension and conditions) and promote its productivity for the community wellbeing. Strengthen connections between national and international experts, promote a knowledge interchange about economic valuation and ecosystem services, that will enrich the current techniques and tools used by researchers in the field. Generate a space to promote new connections among people who are currently working in the field or those that have interest in it. In addition, it will enhance cooperation between people and institutions. Contribute to the achievement of the AICH 1 and 2 goals, Strategic Plan for Biodiversity 2011-2020, directed to raise consciousness among people about biodiversity importance and value to be incorporated in planning strategies for development and poverty reduction. Key words: Marine ecosystem services, economic valuation, marine natural capital. Potential Invited Speakers (not yet confirmed): Peter Schuhmann, University of North Carolina Wilmington. [email protected]. Associated expert at World Resources Institute-WRI. Co-author of “Coastal Capital: Ecosystem Valuation for Decision Making in the Caribbean”, by WRI. • María Fernanda Contreras, Project ValuES GIZ Mexico, [email protected] and Paulina Campos, Project ValuES, GIZ Germany. [email protected] . International experts involved on the implementation of the project ValuES: Methods for integrating ecosystem services into policy, planning, and practice. ValuES is a global project by the GIZ for the inclusion of ecosystemic services in developmental processes, decision-making and governance. • Rudolf de Groot. Member of the Environmental system analysis group. Wageningen University, Holanda. [email protected] . worldwide leader at Ecosystem Services Parthnership. Author of famous articles about economic value of ecosystems worldwide, such as “Global estimates of the value of ecosystems and their services in monetary units” • Miriam Vargas Morales. Chief at Environmental Economic Valuation, Invemar. Colombia. [email protected] . Economic valuation research group lead, emphasis in marine protected areas at Invemar. • Robert Costanza. Institute for Sustainable Solutions. (ISS), Portland State University. Author of famous articles about economic value of ecosystems worldwide, such as “The value of the world's ecosystem services and natural capital”, published in Nature. • Linwood Pendleton, Senior Scholar, Ocean and Coastal Policy Program, Duke University. @coastalvalues. [email protected] . Ecosystem Service Partnership. Marine Biome Expert Group Lead. PhD, Environmental and natural resources economy at Universidad de Yale, extensive experience in economic valuation of marine ecosystems. • Dra. Nicola Beaumont, Plymounth Marine Laboratory. [email protected] . Expert in economic valuation of maritime territory in the United Kingdom. Ecosystem Service Partnership. Marine Biome Expert Group Lead. Lead economist for marine and coastal margins on National Ecosystem Assessment, which aimed to quantify and spatially define the provision of ecosystem services throughout the UK.