Yes, all attempts to financialize Nature must be blocked, regardless of the weasel-words used by the promoters. Otherwise, the financial elite will continue to overrun every inch of the planet in their final conquest to extract all remaining wealth, accruing of course, to themselves. All peoples, territories, countries in their way are relegated to road-kill. Resist!
When we frame conservation primarily through economic lenses, we risk perpetuating the same extractive mindset that created our environmental challenges.
Property boundaries and financial instruments already exist, but extending these constructs further into natural systems assumes that market incentives will protect what market forces have historically exploited. The history of commodification suggests otherwise.
Yes, all attempts to financialize Nature must be blocked, regardless of the weasel-words used by the promoters. Otherwise, the financial elite will continue to overrun every inch of the planet in their final conquest to extract all remaining wealth, accruing of course, to themselves. All peoples, territories, countries in their way are relegated to road-kill. Resist!
When we frame conservation primarily through economic lenses, we risk perpetuating the same extractive mindset that created our environmental challenges.
Property boundaries and financial instruments already exist, but extending these constructs further into natural systems assumes that market incentives will protect what market forces have historically exploited. The history of commodification suggests otherwise.