Dossier: New Economy of Nature
The economic valuation of nature is reaching a new dimension: elemental functions - such as carbon storage in forests - become ‚ecosystem services‘ and nature itself - the forest - is viewed as ‚natural capital‘. Proponents of new markets and payments for ecosystem services did not lose time to set up web portals bundling their information. A collection of critical perspectives and analyses, however, was missing so far. That’s what we want to change.
Our web dossier illustrates what the concept of the „New Economy of Nature“ stands for, explains nature’s role in the Green Economy and why this approach has been of increased interest to economy and politics recently. We name key actors and institutions that are shaping the discourse and highlight contradictions as well as disputable assumptions.
The Heinrich Boell Foundation has critically followed this debate with publications and events for several years - find more information in our article "Further information on the New Economy of Nature".
The world map shows various projects, initiatives and studies, grouped in four categories: biodiversity offset, Clean Develoment Mechanism (CDM), legislation, and Reducing Emissions from Deforestation&Degradation (REDD/REDD+). To learn more about the initiative and for additional links, please klick on the respective symbol on the map.
10 contrasting points of view for an economic valuation of nature
In this part of our dossier we are critiqually questioning ten of the most popular arguments for an economic valuation of nature. Our refutations illustrate where these common assumptions fall short or where they are just false.
The basic concept of REDD is simple: governments, companies or forest owners in the South should be rewarded for keeping their forests instead of cutting them down. The devil, as always, is in the details - the animated film gives a flavour of the research.