Natural capital: avoiding the next financial crisis

Chinadialogue: Nature underpins global wealth creation. The renewable flow of goods and services provided by the earth's ecosystems buttress our economy and yield benefits for business. But this stock of ecosystems -- also known as "natural capital' -- is largely invisible in financial decision-making. As a result, natural capital does not appear on the balance sheets of businesses and is largely unaccounted for in financial products. Take for instance an investor in London, Shanghai or New York who finances......

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