A controversial examination of "biodiversity economics"---
https://www.tandfonline.com/doi/full/10.1080/14747731.2021.1929007
I believe the scholarly article found at the link above is right on the mark. The commodification of Nature in general is fraught with serious problems. More importantly, it appears to avoid what's really needed in order to stop and reverse biodiversity loss: a paradigm shift away from neoclassical/neoliberal economics.
Putting a seemingly Green twist on such economics will not suffice. Offsetting, creating "natural capital" financial MARKETS, etc., is still tinkering around the edges of the problem. Such markets rarely, if ever, have been kind to natural ecosystems.
Above all else, two things are crucial to quelling our ongoing Eco-Crisis: the natural, voluntary reduction of human population; and the complete shift away from neoliberalism and its failed economics. The first can be accomplished through education and incentives. The second, believe it or not, will be a tougher nut to crack. Recent history proves it to be such. Neoliberal economics should be long gone by now; however, ongoing Edward Bernays style propaganda and indoctrination keep it hanging on. It will take persistent and consistent education to break it loose. So far, catastrophes resulting from adherence to neoliberalism have not done the job, which I find baffling.
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Not only my opinion. Be Well
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