The economics of biodiversity loss

COP 9¹ finished over three weeks ago. I'm just learning now that the European Commission presented a report titled "The economics of ecosystems & biodiversity" to the conference. The Guardian summarized the report this way:

The steeply accelerating decline of the natural world is already costing hundreds of billions of pounds a year, say leading economists, in a review of the costs and benefits of forests, rivers and marine life. The losses will increase dramatically over the next generation unless urgent remedial action is taken, they say.

The full report is available on-line. Hie thee forth and read it.²