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Published on September 20th, 2012 | by James Ayre

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Trillion-Dollar ‘Company’ Known as ‘Nature’ Needs a Boardroom Says U.N. Economist

September 20th, 2012 by  


 
nature

Even though nature provides the resources that power the global economy, they lack a seat in the boardrooms of most large companies, the resources that they provide should have a price tag, says one of world’s most influential green economists.

“Ignoring nature’s value risks ‘mayhem’ for corporations and mankind in the rush for profits and finite resources,” says Pavan Sukhdev, formerly of Deutsche Bank and a United Nations goodwill ambassador.
 


 
By putting a price on the services that nature provides, Sukhdev thinks it would help to force firms to think about the planet during their business decisions. He is currently leading a global push to get governments ‘to put nature on balance sheets.’ The idea is to charge large companies for their use of natural resources and for the pollution they cause, potentially forcing the companies to consider their impact on the broader environment.

Source: Reuters
Image: Nature pic via Shutterstock 
 
 


 


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About the Author

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.



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