EAERE Winter School in Resource and Environmental Economics on Biodiversity Economy

According to the Dasgupta Review on the Economics of Biodiversity (Dasgupta, 2021) the economy is ’embedded’ in nature, meaning economic activity is subject to the constraints of the biosphere and sustainable economic development dependent on the biodiversity and nature. In a series of 5 lectures on the economics of biodiversity, experts in field will explore the complex connections between the economy, biodiversity and nature. How do we measure biodiversity in meaningful ways for economics analysis and natural capital accounting? What role can nature-based solutions play in addressing local (e.g. water quality) and global (e.g. climate change) externalities? What values does biodiversity provide to the economy in terms of resilience and insurance? How can we model the complexities of ecological and economics systems convincingly? Finally, what role can public policy and the financial markets play in overcoming the externalities that lead to biodiversity decline. These are just some of the questions that will be addressed over the course of the week.

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