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.
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.
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?
The gas pipeline Nord Stream II should double the existing natural gas transport capacity from Russia to Germany via the Baltic Sea. Juraj Mesík explains why the Kremlin will be the biggest winner of this project.
Contrary to the objective to quit nuclear energy, a recent paper of the European Commission’s DG Research maps out possible nuclear research priorities. An analysis to put the latest developments into perspective.
The envisaged sale of Vattenfall’s East German lignite assets to EPH has raised many questions about the sustainability of open-cast lignite mining and power generation. It has also shone a spotlight on the prospective new owner.
Since 2004, there has been a wave of aggressive privatization in Georgia. Until today the state is allowing for a situation, whereby uncontrolled exploitation of natural resources leads to people becoming dependent on monopolist enterprises. An overview in occasion of the International Workers’ Day.
The relationship between Afghanistan and Pakistan is still fragile. Our project “Regional civil society engagement in green dialogs” seeks to shift the discussion from its primer focus on security aspects to shared interests by managing natural resources equitably.
I would like to thank all contributors who took the time to comment on this discussion paper. They have contributed to a public debate about the assumptions and interests behind the new economy with "nature" and its valuation techniques.
Jutta Kill provides an excellent summary of why market-based or market-like valuation of ‘nature’ does not work as a tool for reducing climate change and biodiversity loss but rather is likely to worsen both trends.
This report is an excellent overview of the pitiful state of environmentalism and its neoliberalisation. The issues raised are important and should be taken seriously. I would like to suggest a few areas in which the argument could benefit from some further reflection.
More than two thirds of European oil refineries are now equipped to process tar sands, research has found, raising fears the EU is ready to welcome a flood of imports of one of the most environmentally devastating fuels in production.