The Economics of Conservation: What Price Nature?

A Griffith Review event hosted by Paul Barclay, in conversation with The Nature Conservancy Australia's Hugh Possingham, author and farmer Charles Massy and author Jane Gleeson-White.

The past two decades have seen increasing emphasis on the economic benefits of conservation and biodiversity, attributing value to environmental goods as natural capital. As a result, discussions about ecology and conservation are increasingly couched in dollar terms. Should our ecosystems have to earn their keep, or do these frameworks skew the way we see the natural world? Is it incongruous to frame conservation in terms of economics when then pursuit of economic growth has been the root cause of much of the planet's ecosystems? And how does species triage work to try to allocate the world's limited funds for conservation?

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