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The Economics of Biodiversity
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The Economics of Biodiversity

IMF, 2021

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With climate change an ever-increasing threat, natural capital – the full spectrum of ecosystems and biodiversity on Earth – is now emerging as a critical economic component. In this in-depth interview, IMF head Kristalina Georgieva explores the concept with professor Partha Dasgupta, one of the foremost thought leaders in environmental and resource economics. Readers seeking to understand the connection between biodiversity and a sustainable economy will appreciate this insightful overview.

Take-Aways

  • Nature assets are a fundamental component of the world’s capital.
  • Biodiversity, climate change and ecosystem health relate to a robust and sustainable economic environment.
  • The overuse of nature capital is difficult to quantify due to the opaqueness of true costs, prices and valuation metrics.

About the Speakers

Kristalina Georgieva is the managing director of the IMF. Sir Partha Dasgupta is emeritus professor of economics at the University of Cambridge. 


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