Biodiversity as an Asset Class Ep 5: Pricing Biodiversity

With recent failures of the market economy brought into focus by the COVID-19 pandemic, how can such a system possibly cope with the unfolding crisis in biodiversity and nature? Nobel Prize laureate, Professor Joseph E. Stiglitz, from the School of International and Public Affairs (SIPA) at Columbia University, argues that nothing less than complete economic transformation can protect natural ecosystems and life on Earth as we know it.

Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.

Learn more about the work of the World Economic Forum’s financial and monetary platform here: https://www.weforum.org/topics/global-financial-system

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