Comment: Rather than offsets, companies should repay their debt to nature through a centralized biodiversity fund ...Middle East

September 6 – John Muir, a naturalist and early advocate for wilderness preservation, once said: “Going to the woods is going home.” Today, as much as 80% of the world’s forests have been irreversibly damaged. Not only are we harming our “home”, but we are also losing the services forests provide. Forests purify water and air, mitigate climate change by capturing carbon, control flood and erosion, and sustain biodiversity. These services are estimated to be worth around $4.7 trillion per year. However, most often companies can use forests and generally natural resources “for free”. In his report The Economics of Biodiversity, Professor Partha Dasgupta from the University of Cambridge argue

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Comment: Rather than offsets, companies should repay their debt to nature through a centralized biodiversity fund ...Middle East

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