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France's central bank has published a study on financial damage due to biodiversity loss, which aims to show the damage to the natural environment if our financial system keeps operating business as usual (Photo: Pictures of Money)

Analysis

French central bank says: It's the ecology, stupid!

How to quantify nature? How to define its worth? - these are central themes world leaders are grappling with going into the virtual UN conference on biodiversity (COP-15 - not to be confused with the UN climate conference Cop-26) a little over a month from now.

Biodiversity is fundamental to earth's life-support systems humans depend on. But governments, financial institutions and policymakers have failed to act accordingly for decades.

According to the UN chief for biodiversit...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

France's central bank has published a study on financial damage due to biodiversity loss, which aims to show the damage to the natural environment if our financial system keeps operating business as usual (Photo: Pictures of Money)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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