Recent calls to action to address critical loss of biodiversity are both long overdue and very welcome, but a parallel debate on the ‘how’ is missing. Yet the ‘how’ is arguably as important as the headline objective. The NGO Green Finance Observatory has released a video explaining the threats that are behind the main mechanisms used to further financialize nature’s destruction. Instruments and initiatives explained in the video include Offsetting, Nature Based Solutions, Zero Net Emissions, Natural Capital, among others. You can access the video (in French with English subtitles) at this link.
An explanation of the new financial markets on nature’s destruction
WRM Bulletin 253 14 January 2021
Issues: The Green Economy / Biodiversity Offsetting / The Green Economy / Pricing Nature / The Green Economy / REDD and Zero Deforestation Pledges / International Forest Policies / International Forest Policies / FAO Forest Definition / The World Bank and Other Financial Institutions