Posts tagged Value of Nature
Putting a dollar value on nature will give governments and businesses more reasons to protect it

The Conversation

May 11, 2021
President Joe Biden calls climate change “the existential crisis of our time” and has taken steps to curb it that match those words. They include returning the U.S. to the Paris Agreement; creating a new climate Cabinet position; introducing a plan to slash fossil fuel subsidies; and announcing ambitious goals to cut U.S. greenhouse gas emissions.

But climate change is not the only global environmental threat that demands attention. Scientists widely agree that loss of wildlife and the natural environment is an equally urgent crisis. Some argue that biodiversity loss threatens to become Earth’s sixth mass extinction. But unlike efforts to fight climate change – which center on clear, measurable goals to reduce greenhouse gas emissions – there is no globally accepted metric for saving biodiversity.

Read More

Half of World’s GDP Moderately or Highly Dependent on Nature, Says New Report

World Economic Forum

January 19, 2020
Businesses are more dependent on nature and biodiversity than expected, according to The New Nature Economy Report, released today.

Analysis of 163 industry sectors and their supply chains found that over half of the world’s GDP –$44 trillion of economic value generation – is moderately or highly dependent on nature and its services and, as a result, exposed to risks from nature loss.

Read More

Biodiversity ‘not just an environmental issue’: Q&A with IPBES ex-chair Robert Watson

Mongabay

October 17, 2019
A recent U.N. report found that more than 1 million species of plants and animals face extinction. In a conversation with Mongabay, Robert Watson, who chaired the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services that produced the report, discusses the economic value of biodiversity.

Read the Full Article