Friends of the Earth International have published a new briefing that addresses if market-based approaches tackle critical loss of biodiversity.
The briefing, entitled “Are market-based approaches capable of tackling the critical loss of biodiversity?” explains why we should reject false solutions including those based on the Financialization of Nature and, instead, focus on real solutions to tackle the deepening crisis. Many of these real solutions already exist: applying existing legislation is just one of them.
We are facing multiple interconnected crises. Biodiversity loss and deterioration and the extinction of species present us with further negative impacts. In response many false solutions are arising that merely seek to keep the status quo, while creating new corporate opportunities.