This extended summary introduces the TEEB Russia projects and sketches the main outlines of the comprehensive reports TEEB Russia Vols. 1 and 2. Commissioned by the German Federal Agency for Nature Conservation (BfN), the TEEB Russia projects were funded by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU). They were supported by the Ministry of Natural Resources and Environment of the Russian Federation (MNR) with the active participation of experts from the Biodiversity Conservation Center (Moscow), Leibniz Institute of Ecological Urban and Regional Development (Dresden), Russian Academy of Sciences (A. N. Severtsov Institute of Ecology and Evolution, the Institute of Geography, Center for Forest Ecology and Productivity, and the Institute for Systems Analysis), Lomonosov Moscow State University (the faculties of Biology, Geography, Economics and Zoological Museum), the Russian State Agrarian University - Moscow Timiryazev Agricultural Academy, and limited liability company «NextGIS».:1 The story of TEEB Russia 2 Ecosystem services of Russia: Why are they important? 3 Key findings of TEEB Russia 1 4 Objectives and key findings of TEEB Russia 2 4.1 Indicators of ecosystem assets 4.2 Refined estimate of ecosystem services for European Russia 5 Basic structure of ecosystem accounting in Russia 6 Main products of TEEB Russia (2013-2020) 7 Outlook – next steps