Friends of the Earth International have published two new briefings on the financialisation of nature over the last two decades.
Both consider how corporations, industries and international institutions have spent the last two decades pursuing market-based ‘solutions’ to the deepening biodiversity crisis. ‘Financialization of nature’—a process of framing discourse and policies related to environmental protection in solely economic terms—has been portrayed as the ‘win-win’ solution, allowing for conservation of nature while business as usual continues. However, this proves to be a false solution, allowing further environmental destruc
‘ Regulated Destruction ‘ explores how corporations and countries use Financialization of Nature discourse to weaken environmental regulations and facilitate exploitation by extractive industries in protected areas and other contested places.