Interview: Putting a Price
On the Real Value of Nature
How do you put a price tag on the value of nature? That’s the question Indian banker Pavan Sukhdev and
his colleagues are seeking to answer in their international project on The Economics of Ecosystems and Biodiversity (TEEB), which culminated in a major report issued last month
. The challenge, as Sukhdev sees it, is how to address the “economic invisibility of nature.” In an interview with Yale Environment 360
, he cited various crucial benefits from nature that are often overlooked, including the capacity of wetlands for filtering water, the role of forests in preventing erosion and flooding, and the importance of bees in pollinating crops. “When did the bees last send you an invoice for pollination?” he asks.
Read the interview
Yale Environment 360 is
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Yale School of Forestry
& Environmental Studies
Yale Environment 360
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Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
Photographer Robert Wintner documents the exquisite beauty and biodiversity of Cuba’s unspoiled coral reefs. View the gallery.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video, chronicles a Chinese village’s fight against a polluting chemical plant. It was nominated for a 2011 Academy Award for Best Documentary Short.
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
A three-part series Tainted Harvest
looks at the soil pollution crisis in China, the threat it poses to the food supply, and the complexity of any cleanup. Read the series.