Climate risks demand a global economy that’s nature-positive
We must rewire our economic system and reward sustainable long-term performance that goes beyond financial returns
The planet’s ecosystems are nearing critical tipping points, with extinction rates 100-1,000 times higher than they were a century ago. Our current economic system has put natural resources under ever-increasing pressure. As the recent UK Treasury-commissioned Dasgupta Review of the Economics of Biodiversity puts it, our economies “are embedded within Nature… not external to it." The task now is to embed this recognition in our “contemporary conceptions of economic possibilities."