With our current economic system treating nature as an ‘externality’, how can market processes adjust to price risk associated with the loss of nature and biodiversity? Bernardus J. Marttin, Member of the Managing Board with Rabobank, argues for the concept of natural capital which factors in such externalities, integrating nature’s welfare into any measures on prosperity.
Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.
I haven't posted anything on this board for a while - this is the ideal opportunity!
This is why we do what we do - to make Economics accessible and 'real' - and why I think that the subject is so important, and probably why so many of my fellow practitioners are so engaging. You have to be...the subject matter is just so pertinent!