Publication

Biodiversity: Economics v Financials

2024
Talks

Abstract

Allowing companies to damage ecosystems and pay for restoration is unsuitable as a governance mechanism in the current biodiversity crisis, and is highly unlikely to restore genetic and functional biosphere integrity, At the same time, restoring previously degraded ecosystems is expensive and needs to be funded, even beyond the expected life of current polluting organizations. On three project examples, Swiss RE-BD, Swiss Negative Emissions Fund, and Reversing urban sprawl, both a governance and funding mechanism is needed, each with a distinct role.

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2024
Talks

Abstract

Official source

Related concepts (32)

Biodiversity

Biodiversity or biological diversity is the variety and variability of life on Earth. Biodiversity is a measure of variation at the genetic (genetic variability), species (species diversity), and ecosystem (ecosystem diversity) level. Biodiversity is not distributed evenly on Earth; it is usually greater in the tropics as a result of the warm climate and high primary productivity in the region near the equator. Tropical forest ecosystems cover less than 10% of earth's surface and contain about 90% of the world's species.

Biodiversity loss

Biodiversity loss includes the worldwide extinction of different species, as well as the local reduction or loss of species in a certain habitat, resulting in a loss of biological diversity. The latter phenomenon can be temporary or permanent, depending on whether the environmental degradation that leads to the loss is reversible through ecological restoration/ecological resilience or effectively permanent (e.g. through land loss).

Marine coastal ecosystem

A marine coastal ecosystem is a marine ecosystem which occurs where the land meets the ocean. Marine coastal ecosystems include many very different types of marine habitats, each with their own characteristics and species composition. They are characterized by high levels of biodiversity and productivity. For example, estuaries are areas where freshwater rivers meet the saltwater of the ocean, creating an environment that is home to a wide variety of species, including fish, shellfish, and birds.

Related publications (6)

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