It’s Time to Pay our Debts to Nature
Keeping nature separate from the economy and the financial system has caused humanity to accumulate a large ecological debt. It is time for us to pay up.
Keeping nature separate from the economy and the financial system has caused humanity to accumulate a large ecological debt. It is time for us to pay up.
Economists have always taken nature for granted and kept it out of the accounting books. With humanity facing a resoucre crisis, is it even possible to put a price tag on nature and the services it provides?
These pressing environmental problems could drive us further apart, but they also have the potential to bring us closer together to save the planet we call home.
The urgency of climate change is being used by corporations and governments to push a new type of “green disaster capitalism,” which does very little for the climate and sets the framework to privatize the natural world. We need to denounce this course of action and develop alternative ways of doing business.
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