Tag: finance
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The interplay between nature and finance
In March, the TNFD released a prototype of its long-awaited nature-related risk management and disclosure framework. A guidance for financial institutions and corporates to measure their impacts and dependencies on nature, and risks stemming from biodiversity loss, the framework marks the emergence of nature into international financial policy. It is a sign that the right…
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THE NARRATIVE CONVERGES WITH NATURE
“Your kind never sees us whole. You miss the half of it, and more. There’s always as much belowground as above”. Richard Powers 2019 Pulitzer Prize winner The Overstory begins from the perspective of a tree, raising all too common human short sightedness. Look beneath the canopy and you’ll discover the complexities of our plant…
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Towards a measurement of the trade-biodiversity nexus
Biodiversity degradation is an underevaluated knock-on effect of trade liberalisation. That’s because enhanced demand through free trade agreements (FTAs) increases land clearing, whether that be due to agriculture, mining, fishing or hydrocarbon extraction. Costs on climate, linked to energy-intensive industrial production and freight transport, are also enormous. Since 2019, opposition to the EU-Mercosur deal has…
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Reconciling sovereign debt and natural capital in low-income countries
Falls in FDI and trade imposed by lockdowns, concurrent with the need to manage unstable health and economic systems, has plunged low-income countries (LICs) into a debt spiral. Globally, sovereign debt has increased by around $10 trillion. Not to say that it was stable before the pandemic; in fact, the IMF signalled half of LICs…
VALUE IN NATURE 