New Economy of Nature

From climate change to ecosystem degradation the solution to these problems could reside in an economic “valuation” of nature and its services. But if the existential benefits that nature provides to humankind are expressed in terms of euros and dollars, can that really give nature any better protection?

The publication “New Economy of Nature” by Thomas Fatheuer provides a readily understandable introduction to the subject and illuminates the concepts and instruments that follow from the idea of monetarizing nature. Accessible examples show the social and ecological goal conflicts and the powerful but risk laden influence of this New Economy.