The private sector has an important role to play in improving management of natural capital. The scale of financing needed to address climate change and other environmental challenges requires private sector involvement. A lot of good work has already been done by the private sector and the IDB itself supports private sector investment in natural capital. However, despite … [Read more...] about What is holding back the private sector from natural capital investments?
How Big Data Is Changing Big Business
Did you know that every minute the world loses 50 soccer fields worth of forest? That’s one of the headline findings from recently published data on global deforestation. Access to deforestation data is making it increasingly easy for companies to monitor deforestation in their supply chains. Deforestation is just one issue where big data is providing companies with more … [Read more...] about How Big Data Is Changing Big Business
Is Investment in Palm Oil Certification Worth It?
Palm oil has a terrible reputation. Especially among environmental and social advocates, palm oil is viewed as the crop responsible for a large-scale deforestation, particularly in Southeast Asia. Deforestation of carbon-rich forests leads to greenhouse gas emissions; between 2001 and 2010, palm oil-driven land-use change resulted in an average of 216-268 million tons of CO2 … [Read more...] about Is Investment in Palm Oil Certification Worth It?
What is the Value of Nature?
An apple at a supermarket: $0.50. 1,000 gallons of tap water in New York City: $4.95. Annual value of pollination to agriculture: $200 billion. Cost savings from good land management in New York City’s watershed: $8 billion. Total value of benefits from nature: priceless? Robert Costanza, a leading environmental economist, just published the article: “Changes in the Global … [Read more...] about What is the Value of Nature?