Nature as an asset class – the free markets final frontier? – The Ecologist

Plans to create a market in nature itself are fraught with danger, writes Alex Scrivener. Biodiversity offsetting could allow the fate of our forests, rivers, meadows and wildlife species, and the people who depend on them, to be determined by the whims of multinational corporations and speculative investors.The problem with this approach is that once you reduce the value of bee colonies, trees and Sumatran tigers to a dollar value, their protection stops being an essential duty of us as human beings.

via Nature as an asset class – the free markets final frontier? – The Ecologist.

Author: Makere

A Maori/Scots New Zealander transplanted to Canada. Grandmother, academic, indigenous scholar, sometime singer, sometime activist, who cares passionately about our world.