Biodiversity – a new frontier in climate finance
The Natural Capital Project approach allows global decision-makers to consider nature’s diverse benefits and is working to mainstream the values of nature into economics, political decisions, and financial decisions.
Stephen Polasky, Professor of Ecological and Environmental Economics at University of Minnesota, has worked extensively on this project, together with Stanford University and in IPBES (The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services). How does the financial markets and banks come into the picture?