Does putting a price tag on our natural world change our behaviour, or is it just another step into a model that brings few benefits for people - let alone our planet? After reading my blog post 'The natural capital myth', the Green Economy Coalition invited me to write a piece on the ‘debates around … Continue reading Should nature have to prove its value?
1. On elephants and economics In 1993, Australian ecologist Graeme Caughley published a paper on elephant conservation and market reasoning in Conservation Biology. Responding to proposals that clear ownership designations and the ability to sell harvested ivory on a free market would incentivise the conservation of African elephants, he showed that this approach might … Continue reading Biodiversity conservation, financialisation and equity: some currents and concerns
By 2030, carbon will be the largest commodity market in the world: $1.6-2.4 trillion, about the same as the current oil market. The first UK project allowing builders to buy ‘credits’ in conservation schemes, to offset the damage they are doing elsewhere, has been launched... experts believe the industry could become worth billions of pounds … Continue reading A technological recipe for making nature the friend of capital