seem removed from the issues the world faces, from deepening climate change and environment loss to food and energy crises fuelled by war and a pandemic.
"This is largely because our current approach to political and economic decisions does not sufficiently account for the diversity of nature's values," she said of conclusions based on 13,000 references drawn from sources ranging from scientific papers to consultations with indigenous groups. While some argue that assigning a money value to natural resources will push governments, companies and consumers to look after them, others believe that putting a price tag on something with inestimable value will have the very opposite effect.
The IPBES report - signed off on Saturday by 139 member countries including the United States, China, India and Russia - offers a toolkit to help policymakers navigate trade-offs in domestic policy and in international negotiations such as this year's talks on a new global biodiversity pact. While past attempts to resolve nature conflicts have often failed to balance competing priorities or ignored some voices - typically the low-income or indigenous ones - there have been some notable successes.
Source: News Formal (newsformal.com)
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