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?
The Making of ‘Natural Capital’ Increasingly, it seems, nature is actually money. The contemporary moment of global crisis in both ecological and economic spheres is also the moment wherein ‘Nature’ is being refashioned as ‘Natural Capital’. Key interlocking elements thus are joining the previously rather separate domains of economics, business and finance, with ecology, environmentalism and conservation. … Continue reading The natural capital myth
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