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THE SPOTLIGHT ON NATURE
Outlook Business
|July 2023
Natural capital underpins the wellbeing of humans and deserves a central place in our economic framework, author Siddarth Shrikanth argues. The current system has improved living standards but gone far in the direction of environmental destruction. Having made this point, The Case for Nature attempts to show ways of shifting to a 'nature-positive' economy
The Case for Nature By offering a hopeful yet deeply pragmatic perspective on how we can exist in harmony with our living planet, The Case for Nature is a must-read for anyone seeking to understand how nature can help us forge a more sustainable future and what they can do to contribute to this vision. Shop Now
THE CASE FOR NATURE: THE OTHER PLANETARY CRISIS
AUTHOR: SIDDARTH SHRIKANTH
PUBLISHER: PENGUIN RANDOM HOUSE
Beyond valuing individual ecosystem services, some have attempted to estimate the value of all of the planet's natural capital. As far back as 1997, Robert Constanza, Rudolf de Groot and others pegged the value of global ecosystem services at $16-54 trillion in 1994 US dollars, the equivalent of between $32-109tn in 2022 dollars. A more recent effort by the same duo put the figure at $130tn in 2010 dollars; $178tn in today's money.
This story is from the July 2023 edition of Outlook Business.
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