By Hunter Lovins - Natural Capitalism Solutions – October, 2016
“NATURAL CAPITAL!” the famous author snarled at me, “It’s NATURE! It’s PEOPLE! not capital. You can’t call them capital; they’re... they’re...spiritual,” he spat at me. “You can’t put a price tag on them. It’s immoral.”
By Chris Hopkins - Green Economy Coalition – February, 2015
Georgia, nestled among the soaring Caucasus Mountains belongs to one of 34 globally significant "biodiversity hotspots" identified by Conservation International. Georgia's ecosystem services serve as a powerful engine of economic growth in sectors such as agriculture, energy, tourism, mining, and forestry. For example, Georgia's agriculture sector employs 53 per cent of the workforce and is the main vehicle for rural development.
The notion of “externalities” has become familiar in environmental circles. It refers to costs imposed by businesses that are not paid for by those businesses. For instance, industrial processes can put pollutants in the air that increase public health costs, but the public, not the polluting businesses, picks up the tab. In this way, businesses privatize profits and publicize costs.
The green economy coalition is a global network of organisations committed to accelerating a transition to a new green inclusive economy. This site was made possible with the help of expert collaborators. For regular updates, grab our RSS feed, sign up for the monthly newsletter, or follow us on Twitter or Facebook. Read on for more about who we are...