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Putting a price on the world's natural resources
Posted on Friday, November 13, 2009Money quote: “We cannot continue our stewardship of this planet if we keep looking at public benefits and public wealth as somehow subordinate to private wealth,” said Mr. Pavan Sukhdev, a banker working with the United Nations Environment Program. Mr. Sukhdev is studying the creation of market systems that might include trading water rights, forest credits, and biodiversity credits as a cost-effective way of tackling the challenges posed by climate change.


