Thank you, this is bang on. Additionally, when a piece of Nature is “commoditized” by putting a price on it, debt is also created. What is actually being exchanged between the financial intermediaries is the (financial) debt; note that the debt to Nature and future generations is never repaid or absolved. That is the true net benefit to the business world - the passing on of obfuscated debt to society, concealed in the shell-game of offsets. The first step in combating biodiversity loss should be Not One More Sacrifice Zone. Nicht Vahr?
Thank you for providing this valuable story
Thank you, this is bang on. Additionally, when a piece of Nature is “commoditized” by putting a price on it, debt is also created. What is actually being exchanged between the financial intermediaries is the (financial) debt; note that the debt to Nature and future generations is never repaid or absolved. That is the true net benefit to the business world - the passing on of obfuscated debt to society, concealed in the shell-game of offsets. The first step in combating biodiversity loss should be Not One More Sacrifice Zone. Nicht Vahr?