front cover of Green Growth That Works
Green Growth That Works
Natural Capital Policy and Finance Mechanisms Around the World
Edited by Lisa Mandle, Zhiyun Ouyang, James Salzman, and Gretchen C. Daily
Island Press, 2019
Rapid economic development has been a boon to human well-being. It has lifted millions out of poverty, raised standards of living, and increased life expectancies. But economic development comes at a significant cost to natural capital—the fertile soils, forests, coastal marshes, farmland—that support all life on earth, including our own. The dilemma of our times is to figure out how to improve the human condition without destroying nature’s. If ecosystems collapse, so eventually will human civilization. One answer is inclusive green growth—the efficient use of natural resources. Inclusive green growth minimizes pollution and strengthens communities against natural disasters while reducing poverty through improved access to health, education, and services. Its genius lies in working with nature rather than against it.

Green Growth That Works is the first practical guide to bring together pragmatic finance and policy tools that can make investment in natural capital both attractive and commonplace. The authors present six mechanisms that demonstrate a range of approaches used around the globe to conserve and restore earth’s myriad ecosystems, including:
  • Government subsidies
  • Regulatory-driven mitigation
  • Voluntary conservation
  • Water funds
  • Market-based transactions
  • Bilateral and multilateral payments
Through a series of real-world case studies, the book addresses questions such as: How can we channel economic incentives to make conservation and restoration desirable? What approaches have worked best? How can governments, businesses, NGOs, and individuals work together successfully?

Pioneered by leading scholars from the Natural Capital Project, this valuable compendium of proven techniques can guide agencies and organizations eager to make green growth work anywhere in the world.
 
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front cover of Nature's Services
Nature's Services
Societal Dependence On Natural Ecosystems
Edited by Gretchen C. Daily; Foreword by John Peterson Myers and Joshua S. Reichert
Island Press, 1997

Life itself as well as the entire human economy depends on goods and services provided by earth's natural systems. The processes of cleansing, recycling, and renewal, along with goods such as seafood, forage, and timber, are worth many trillions of dollars annually, and nothing could live without them. Yet growing human impacts on the environment are profoundly disrupting the functioning of natural systems and imperiling the delivery of these services.

Nature's Services brings together world-renowned scientists from a variety of disciplines to examine the character and value of ecosystem services, the damage that has been done to them, and the consequent implications for human society. Contributors including Paul R. Ehrlich, Donald Kennedy, Pamela A. Matson, Robert Costanza, Gary Paul Nabhan, Jane Lubchenco, Sandra Postel, and Norman Myers present a detailed synthesis of our current understanding of a suite of ecosystem services and a preliminary assessment of their economic value. Chapters consider:

  • major services including climate regulation, soil fertility, pollination, and pest control
  • philosophical and economic issues of valuation
  • case studies of specific ecosystems and services
  • implication of recent findings and steps that must be taken to address the most pressing concerns
Nature's Services represents one of the first efforts by scientists to provide an overview of the many benefits and services that nature offers to people and the extent to which we are all vitally dependent on those services. The book enhances our understanding of the value of the natural systems that surround us and can play an essential role in encouraging greater efforts to protect the earth's basic life-support systems before it is too late.
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front cover of The New Economy of Nature
The New Economy of Nature
The Quest to Make Conservation Profitable
Gretchen C. Daily and Katherine Ellison
Island Press, 2002

Why shouldn't people who deplete our natural assets have to pay, and those who protect them reap profits? Conservation-minded entrepreneurs and others around the world are beginning to ask just that question, as the increasing scarcity of natural resources becomes a tangible threat to our own lives and our hopes for our children. The New Economy of Nature brings together Gretchen Daily, one of the world's leading ecologists, with Katherine Ellison, a Pulitzer-prize winning journalist, to offer an engaging and informative look at a new "new economy" -- a system recognizing the economic value of natural systems and the potential profits in protecting them.

Through engaging stories from around the world, the authors introduce readers to a diverse group of people who are pioneering new approaches to conservation. We meet Adam Davis, an American business executive who dreams of establishing a market for buying and selling "ecosystem service units;" John Wamsley, a former math professor in Australia who has found a way to play the stock market and protect native species at the same time; and Dan Janzen, a biologist working in Costa Rica who devised a controversial plan to sell a conservation area's natural waste-disposal services to a local orange juice producer. Readers also visit the Catskill Mountains, where the City of New York purchased undeveloped land instead of building an expensive new water treatment facility; and King County, Washington, where county executive Ron Sims has dedicated himself to finding ways of "making the market move" to protect the county's remaining open space.

Daily and Ellison describe the dynamic interplay of science, economics, business, and politics that is involved in establishing these new approaches and examine what will be needed to create successful models and lasting institutions for conservation. The New Economy of Nature presents a fundamentally new way of thinking about the environment and about the economy, and with its fascinating portraits of charismatic pioneers, it is as entertaining as it is informative.

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