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Pricing Nature: Can ‘Biodiversity Credits’ Propel Global Conservation?

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Pricing Nature: Can ‘Biodiversity Credits’ Propel Global Conservation?

Photo caption: Cape Buffalo in Kenya. Photo credit: Martin Harvey / Alamy. Article by Zach St. George. Yale Environment 360 – April 6, 2023.

In 2009, as global financial markets shuddered, David Dorr became interested in the possibility of putting a price on nature. Dorr is a Cayman Islands-based global macro trader, attuned to what he calls the “butterfly effect” of geopolitics and other international forces on financial markets. The economic crisis, Dorr had realized, paled beside the looming environmental one. […]