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Building a nature-positive economy
By Paul Polman and Eva Zabey
LONDON/GENEVA The planet’s ecosystems are nearing critical tipping points, with extinction rates 100-1,000 times higher than they were a century ago. Our current economic system has put natural resources under ever-increasing pressure. As the recent UK Treasury-commissioned Dasgupta Review of the Economics of Biodiversity puts it, our economies “are embedded within Nature… not external to it”. The task now is to embed this recognition in our “contemporary conceptions of economic possibilities”.
Many businesses, recognising the perils facing the planet, are changing the way they operate. But they can’t do it all alone, and the current rules of our financial and economic system must change if we are to build an equitable, nature-positive, net-zero future.
The planet’s ecosystems are nearing critical tipping points, with extinction rates 100-1,000 times higher than they were a century ago. Our current economic system has put natural resources under ever-increasing pressure. As the recent UK Treasury-commissioned Dasgupta Review of the Economics of Biodiversity puts it, our economies “are embedded within Nature … not external to it.” The task now is to embed this recognition in our “contemporary conceptions of economic possibilities.”
Many businesses, recognizing the perils facing the planet, are changing the way they operate. But they can’t do it all alone, and the current rules of our financial and economic system must change if we are to build an equitable, nature-positive, net-zero future.
Californiaâs Wildfire Season Looms. Regenerative Agriculture Could Offer Hope.
People watch the Walbridge fire, part of the larger LNU Lightning Complex fire, from a vineyard in Healdsburg, California, on August 20, 2020.
Josh Edelson / AFP via Getty Images
By
This story is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story.
When Alexis Koefoedâs farm burned for the first time in 2008, she and her husband, who made a living raising pasture-grazing chickens at the time, lost 1,000 baby chicks and a brand-new barn. âI thought there could never be anything worse than this experience, until it happened three more times,â she said.