Gorillas, AI and the future of the nature finance market

  • 📰 FT
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

If we’re serious about saving biodiversity, money flows will have to make their way to the remotest bits of developing nations

The writer is a founder of Tehanu, the first interspecies money protocol, and a novelist Is it possible to be a non-human — falcon, yellowwood, moth, gorilla — and participate in the economy, or is the spending of money forever reserved only for humans and algo-trading machines? The COP16 UN biodiversity summit which finished last week in the Colombian city of Cali didn’t answer this question, but financiers will soon have to.

They will also have to do this in a civilisation that has previously registered the value of non-human life only in terms of its processed body parts. Moreover, money flows will have to make their way to the remotest bits of developing nations in the tropics where most biodiversity is located, and the track record on big ticket investments into biodiversity has been lacklustre. The sum total this decade has amounted only to low billions of dollars a year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 113. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rawtenstall Market Hall Upgrade Approved Despite Trader ConcernsA planning application to upgrade Rawtenstall Market Hall has been approved by Rossendale councillors, but some market traders remain unhappy with the process and fear for their future income.
Source: LiveLancs - 🏆 10. / 87 Read more »