Dossier: New Economy of Nature
The economic valuation of nature is reaching a new dimension: elemental functions - such as carbon storage in forests - become ‚ecosystem services‘ and nature itself - the forest - is viewed as ‚natural capital‘. Proponents of new markets and payments for ecosystem services did not lose time to set up web portals bundling their information. A collection of critical perspectives and analyses, however, was missing so far. That’s what we want to change.
Our web dossier illustrates what the concept of the „New Economy of Nature“ stands for, explains nature’s role in the Green Economy and why this approach has been of increased interest to economy and politics recently. We name key actors and institutions that are shaping the discourse and highlight contradictions as well as disputable assumptions.
The Heinrich Boell Foundation has critically followed this debate with publications and events for several years - find more information in our article "Further information on the New Economy of Nature".
The basic concept of REDD is simple: governments, companies or forest owners in the South should be rewarded for keeping their forests instead of cutting them down. The devil, as always, is in the details - the animated film gives a flavour of the research.