WORLD IS UNDERVALUING NATURE

WORLD IS UNDERVALUING NATURE, REPORT SAYS: Nature is predominantly seen as an economic asset — by supporting short-term growth through resource extraction — but that needs to change if the world wants to stop biodiversity loss, a new report warned. Penned by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES https://ipbes.net/), the report stated that indicators, such as GDP, often “overlook the non-market values associated with nature’s contributions to people,” their wellbeing and quality of life. But it added that other concepts for valuing nature, such as green economy, degrowth and earth stewardship, can help fill these gaps because they “seek a more diverse valuation of nature as a foundation for reconciling social, economic and ecological dimensions.” by Mr. Karl Reimand of Oxford University.

Report: https://politico.us8.list-manage.com/track/click?u=e26c1a1c392386a968d02fdbc&id=1d1cf75fb0&e=8f5510c888
Original articel by ProPolitico platform: https://politico.us8.list-manage.com/track/click?u=e26c1a1c392386a968d02fdbc&id=593853c7ec&e=8f5510c888

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