Going beyond Price and Seeking the Multiple Values of Biodiversity
Many still believe that huge financial “investments” are needed for the “conservation” of biological resources, as shown with the subsidies that international institutions like the World Bank provide for this purpose, but experience has shown that often such ‘cooperation’ has been incoherent with the CBD by funding harmful projects that destroy or deplete natural resources as well as affect Indigenous Peoples and/or local communities. In fact, little is known as to the real financial needs for biodiversity conservation; estimates tend …