"... because the #Southern part of the world has value far greater than large elements of the Northern []. And we start thinking about & putting prices on water, on trees, on #biodiversity, we find, where does that sit?"
/2: "I'm doing a lot of work out of #Asia and I say that my next door neighbor Indonesia is the left lung of the world, and obviously #Brazil is the right. And #Africa - absolutely critical."
/3: "And #Africa - absolutely critical - and we need their natural capital as a system-based world more than we need that 66 billion we've got sitting in the basement of the Bank of England."
/4: Eva Gladek, founder of Metabolic: "a large part of this discussion is around, you know, #nature is the new gold. [] we know that we rely on it for our lives, but it's not easily movable, it's not easily tradable..."
Metabolic clients include WWF, Pepsi, Governments, etc.
/5: Rob Allen, HBAR:
"our mission is actually to bring the balance sheet of the planet to the public ledger. What that really means is that we are looking to tokenize natural assets. We're putting them on [], the Hedera Ledger..."
/6: PK: "...it [digital] allows us to quantify & monetize natural capital. It allows us to quantify & monetize human capital. It allows us to quantify & monetize cultural habitat, & at the same time allows meaningful integration of these forms of capital w/ financial capital."
/7: Phoebe Koundouri, Chair, #UN SDSN, Global Climate Hub cont'd:
>"So at last, & probably the first time in the history of humankind, we are able to measure & monetize all capitals."<
Quoting from Nov 2022 UN discussion highlighted by @TimHinchliffe👇
/8: Yannis Ioannidis, SDSN co-founder: "... you all talk about monetizing nature which makes perfect sense, but if I may dare to go out of my waters here, & say there are also principles that are monetizable... I think it's something that for me, as a technologist, excites me."
/9: PK: "...about monetizing nature, [] this is the most human-centric part of economics-the value derives from human preferences."
More to the point, the value derives from a human-centric, Euro-centric patriarchal ideology built on white supremacy, colonialism & imperialism.
/10:
Q: "What exactly does he mean by "tokenising" & "transfer that value around the world"?
EDSX: "Tokenized natural resources have the potential to become one of the largest crypto asset classes due to the sheer scale of the world's natural assets."
"...set in the near future [] epidemic [] spread[s] rapidly, [] w/ a higher fatality rate than #COVID19 & disproportionately affecting children & young people."
To my knowledge, there is only a video of "highlights" that has been released to the public. Regardless, the high-level /real discussions take place behind closed doors.
Apologies for not finishing thread last night-listened until I fell asleep. When those that oppress us, that allow our air, water, soil, food, bodies, to be poisoned & commodified, claim that global #health is now their top priority - be wary. Be ready.
Al Gore (#WEF trustee) et al. are SO CONCERNED about the climate, that they in the process of turning all of #nature into a new asset class – where they will OWN nature, manage/control nature, & profit from nature (via "Natural Asset Companies").
Of course, this has nothing to do w/ Gore's Generation Investment (#hedgefund co-founded w/ David Blood from Goldman Sachs), #BlackRock, saving capitalism, or the expansion of #privatization. Rather, it's to save the planet.
The $4,000 trillion #climate wealth opportunity.
⬇️
David Blood to Mark Carney (TCFD/TNFD, #UN Special Envoy for #Climate), 2021:
"We know that #NaturalClimateSolutions are a critical part of the transition to #NetZero & we've known this for quite some time. Why is it so difficult for us in finance [] to put a value on nature?"
The realization that such an image is now collectively processed/understood as an impressive example of "#sustainability", amongst many who consider themselves ecologically aware, or even "left", is both terrifying & revealing at once.
"Per capita figures show that Indian people actually contribute relatively very little to the problem. While the average American emits 14.7 tons of CO2 a year, an Indian person emits around 1.8."
What's worse, such "solutions" are not displacing fossil fuels. A digitized economy drives expansion of hyperscale #datacenters. "Hyperscalers" such as #Amazon gloss over their massive energy consumption by securing renewable-power purchase agreements.⬇️
A Natural Asset Co. is able to produce financial statements that capture "vast services that are not yet monetized like #climate stabilization, #freshwater production, #groundwater storage, erosion prevention, #pollination, pest control, natural fertility from healthy soil, etc."
"Natural Asset Company: A corporation designed TO HOLD THE RIGHTS TO & MANAGE the Ecological Performance of natural assets, e.g. the productivity & health of natural assets."
The Natural Capital Investment Alliance was created by SMI ("King" Charles - architect of #GreatReset) to serve as a central hub for global corps/finance to scale-up investments into "Natural Capital". #HSBC (Climate Asset Mgt) is a founding member.
"This is like Black Friday for climate change." - @johnsteppling
Bloomberg, Jun 2 2021: "If they generate a lower carbon benefit than they claim & the company is still emitting, well then you end up with more emissions than you would have otherwise. We have to be open to the idea that the voluntary market might fail."