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Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Monetizing Nature: Taking Precaution on a Slippery Slope

Monetizing Nature: Taking Precaution on a Slippery Slope | The Great Transition | Scoop.it
In embracing the monetary valuation of nature as a strategy for mobilizing support for environmental conservation, environmentalists are resigning themselves to a political status quo that can only comprehend value in terms of money and markets. By viewing ecosystems and their services through a pecuniary lens, monetization profoundly changes our relationship with nature, and, if taken to the point of commodification, can subject the fragility of nature’s balance to the destructive logic and volatility of markets.
Willy De Backer's insight:

Very good article on the dangers of putting a price on ecoservices.

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Putting a price on the rivers and rain diminishes us all

Putting a price on the rivers and rain diminishes us all | The Great Transition | Scoop.it

"By turning the natural world into a subsidiary of the corporate economy, it reasserts the biblical doctrine of dominion. It slices the biosphere into component commodities: already the government's task force is talking of "unbundling" ecosystem services, a term borrowed from previous privatisations. This might make financial sense; it makes no ecological sense. The more we learn about the natural world, the more we discover that its functions cannot be safely disaggregated."

 

Good article by George Monbiot on the monetisation of nature.

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