This is a very thoughtful, literate and nuanced look into the lifting fog of biodiversity markets. Solidly placed between naive optimism and surrender to the complexity.
What metrics exist (or could exist) related to creating the right incentives in these markets? I'd love to share more about what I'm thinking about in this space.
Great (& really broad) question Jessi. Really depends on the geo (cultural/political), ecosystem & land use type I'd say. Would love to hear your thinking here!
Certainly! My perspective is from an agricultural one. Is there value in a "credit score" or "stock ticker" for land that articulates it's value from a climate perspective (soil organic matter, arability, rainfall, etc.). And can these scores create a method for economic value derived from conversion to regenerative practices? In a US context, this could have an implication on property values and taxes for owners (for better and for worse), so it's worth deeper thought on the implications for adopting such a measurement. Insurance providers, land owners, county offices and others would possibly have different (contradictory?) perspectives on this.
I like that. That'd be one step closer to aligning our ecological health to economic health. Again, probably highly reliant on regulations although a lot could be done on the private side as well (e.g. natural capital markets, insurance, mortgages). Have you looked into what The Landbanking Group is doing? Your thinking is definitely related here.
This is a very thoughtful, literate and nuanced look into the lifting fog of biodiversity markets. Solidly placed between naive optimism and surrender to the complexity.
Thanks!
Thank you Dr. Stuchtey! This means a lot coming from you.
What metrics exist (or could exist) related to creating the right incentives in these markets? I'd love to share more about what I'm thinking about in this space.
Great (& really broad) question Jessi. Really depends on the geo (cultural/political), ecosystem & land use type I'd say. Would love to hear your thinking here!
Certainly! My perspective is from an agricultural one. Is there value in a "credit score" or "stock ticker" for land that articulates it's value from a climate perspective (soil organic matter, arability, rainfall, etc.). And can these scores create a method for economic value derived from conversion to regenerative practices? In a US context, this could have an implication on property values and taxes for owners (for better and for worse), so it's worth deeper thought on the implications for adopting such a measurement. Insurance providers, land owners, county offices and others would possibly have different (contradictory?) perspectives on this.
I like that. That'd be one step closer to aligning our ecological health to economic health. Again, probably highly reliant on regulations although a lot could be done on the private side as well (e.g. natural capital markets, insurance, mortgages). Have you looked into what The Landbanking Group is doing? Your thinking is definitely related here.
I have not - how can I learn more? Are they writing on LinkedIn, Substack, other medium?
Their website & nature equity consultation paper is a great start: https://www.thelandbankinggroup.com/nature-equity-consultation-paper