‘It sustains us all’: IPBES report calls for accounting of nature’s diverse values

‘It sustains us all’: IPBES report calls for accounting of nature’s diverse values

A focus on valuing nature through the lens of the market has contributed to the global biodiversity crisis, according to a recent report from the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES). IPBES produced an in-depth assessment in 2019, concluding that 1 million species of plants and animals could go extinct as part of the worldwide decline in species. Building on that assessment, the authors of this new report note that the push for economic growth, at times leading to the unchecked consumption of resources and destruction of habitat, has helped to drive this slide. “Biodiversity is being lost and nature’s contributions to people are being degraded faster now [than] at any other point in human history,” Ana María Hernández Salgar, the IPBES chair, said in a statement. “This is largely because our current approach to political and economic decisions does not sufficiently account for the diversity of nature’s values.” Aerial view of Favela da Rocinha, Brazil. “Biodiversity is being lost and nature’s contributions to people are being degraded faster now [than] at any other point in human history,” Ana María Hernández Salgar, the IPBES chair, said in a statement. Image by Donatas Dabravolskas/Shutterstock.com. The new report, released July 11, focuses on the ways in which human societies value nature. “Market-based” values, such as the use of land for industrial-scale agriculture or the clearance of forest for timber that can be sold, have been dominant. But, the report says, shifting how humans look at the worth of natural…This article was originally published on Mongabay

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