The Financial Sector’s Gain Must Not Be Biodiversity’s Loss

You would expect financial institutions to understand investing in assets that deliver outsize returns. But when it comes to biodiversity and the broader category of natural capital, most investors still behave as if these assets were unlimited, even as they are being depleted or destroyed.

They continue to assume that the services these assets provide are free, even as the COVID-19 pandemic shows the almost limitless cost of ignoring human encroachment on the natural world.