Species are vanishing at such high speed that researchers are talking in terms of a sixth major mass extinction happening within human history. This introductory publication clarifies the vital development-policy significance of the discussion over biodiversity.
The G20 uses the term “Green Finance” as a broad umbrella term that refers to the major shift in financial flows required to support projects that benefit the environment and society by reducing pollution or tackling climate change.
Trade with compensation credits is a prime example of how abstractions influence environmental policy. The astonishing reduction of unique habitats to a few measurable indicators is a prerequisite for trading biodiversity offsets.
The call for an economic valuation of nature, and in particular for limits on pollution and the destruction of nature, is linked to the demand for a more flexible implementation of environmental laws and regulations. The idea of “compensation instead of reduction” is intended to guarantee this flexibility.
An ecological crisis that is becoming increasingly hard to ignore is confronting policymakers with a dilemma: they are being called upon to protect the conditions for life on Earth without overly hampering industrial production and economic growth.
Corporations whose business models require the exploitation and destruction of nature are increasingly marketing products as carbon-neutral and deforestation-free. This is made possible by the concept of “compensation instead of reduction”. How does it work?
How did forests become ‚natural capital‘? Our web dossier illustrates what the concept of the „New Economy of Nature“ stands for and explains nature’s role in the Green Economy and why this approach has been of increased interest to economy and politics recently.