How do we value nature? - Pavan Sukhdev

Unlisted broadcast Private broadcast

Global Utmaning

1 year ago via webcam

9 May 2012 16:59 CEST

6:07martinesmit:

Hello, my name is Martine Smit. I'm following the broadcast online, but there is no sound. Am i the only one?

20:46Global Utmaning:

Welcome to the seminar ladies and gentlemen.

26:33Global Utmaning:

He is speaking about the report "Economic Reasons for Conserving Wild Nature" by Andrew Balmford, 2002. http://www.sciencemag.org/content/297/5583/950.abstract

We equate monetization with valuation and that form of valuation seems to be inherently reductionist in nature. Do we run the risk of undercutting the very thing we are trying to preserve - Value is more than monetization.

33:46Global Utmaning:

Thats a good question, where are you from Sanjay?

45:01martinesmit:

Sorry to bother again, this time the video got stuck at 41:46 min. Can you correct for this, please?

46:08martinesmit:

I find his speech very interesting and useful.

47:17Global Utmaning:

Martine and Sanjay, do you have any questions you would like to ask Mr. Sukhdev?

47:33Tim Gieseke:

Is the pause in the presentation temporay

48:21Global Utmaning:

Bambuser is under a DDOS attack today trying to bring it down, so they are struggeling a bit to keep the service up. We're in contact with them absout these issues. Everything will be published on the youtube channel soon!

49:57Tim Gieseke:

I am back on. thx

53:33Martine Smit:

I'm still waiting to be reconnected...But I do have a question for mr. Pavan Sukhdev. Currently i'm working on a project to value ecosystems of 3 water projects in the Netherlands that want to install a tidal center in a nature area to increase the water

54:16Tim Gieseke:

Martine - I refreshed the link and that worked

54:50Global Utmaning:

If the reconnect is going slowly, try to refresh and if that still does not work then let us know.

55:43Global Utmaning:

Yes Martine, what is your question about valuing ecosystems and water?

55:44Martine Smit:

quality. How would Mr. Pavan capture this value the increase in waterquality and biodiversity

56:41Martine Smit:

Thanks, yes i'm reconnected now

58:49Martine Smit:

I would like to know how to capture the ecosystem value of tidal centers in a nature area which increases water quality and biodiversity in a nature area

1:00:33Global Utmaning:

I am not sure whether he can be that specific or not.

1:03:23Martine Smit:

No problem, maybe i can contact him later about it....

1:04:39Global Utmaning:

Any other questions?

1:06:00Martine Smit:

No, thank you

1:11:51Global Utmaning:

Does anyone have any thoughts on the economics of biodiversity, and the value of nature?

1:12:37SanjayKapoor:

How does one combat the seemingly inevitable decay into valuation in support of selling nature?

1:18:46Global Utmaning:

Good question, I will ask him that.

1:22:13Global Utmaning:

Any other questions, you have a great opportunity ladies and gentlemen.

1:30:10Tim Gieseke:

Do you feel that ultimately we need to address the externalities as posed in the "tragedy of the commons". And is so, are you familiar with the concept of "symbiotic demand"?

1:30:35Global Utmaning:

Sanjay, do you believe that valuing nature like this will lead to nature being "sold"?

1:30:49Global Utmaning:

Where are you from, Tim Gieseke?

1:30:59Tim Gieseke:

Minnesota, USA

1:31:15Global Utmaning:

Two from the US, lovely.

1:31:43Tim Gieseke:

Greetings Sanjay. Nice to cross paths again

1:31:59Global Utmaning:

You have met before?

1:32:17Tim Gieseke:

Only on-line mainly via LinkedIn

1:32:48Global Utmaning:

Ah, I see.

1:36:00Global Utmaning:

Any more questions, from anyone? Martine, did you by any chance think of something else?

1:51:53Global Utmaning:

Your question coming up Tim, stay on your toes.

2:04:56Global Utmaning:

Pavan - "Placing decision in the hands of stakeholders will prevent commodification. You can have valuation based on many things not just market price, not valuing is not the answer."

2:12:51Tim Gieseke:

GU - thank you very much for access to such as a wonderful presentation and dialogue.

2:14:40Global Utmaning:

Thank you for being with us and remember ladies and gentlemen. We will upload the entire livestream and the powerpoint slides Pavan used on our web page and provide yo