Redefining Externalities: Nature as Central, Economy as External

In this episode of the ESG Insider podcast, we look at how to unlock financial flows for nature and transform heavy polluting industries into environmentally friendly ones. 

We hear how the nature finance landscape is evolving from Dr. Carter Ingram, Managing Director at nature and climate change investment and advisory firm Pollination Group. She says that despite growing interest and investments in nature-based solutions, significant gaps remain.  

Part of the solution is understanding “the degree to which changes in your dependencies or impacts on nature can have a financial impact on your business or on the economy," Carter says. 

We also talk with Tom Chi, Founding Partner of At One Ventures, a venture capital firm based in San Franscisco. The firm is investing in a world where humanity becomes a net positive to nature, which Tom says requires rewriting how entire industries work. 

"The industries that have been damaging our relationship to nature are the same ones for the last 50 years," Tom tells us on the sidelines of the GreenFin conference. "It is time for us to go back to that and actually do the hard work again. ... We've got to do the industries different foundationally."  

Listen to our interview with Paul Bodnar, Director of Sustainable Finance, Industry and Diplomacy at the Bezos Earth Fund, here: https://www.spglobal.com/esg/podcasts/bezos-earth-fund-director-on-how-to-drive-climate-nature-action  

Learn more about S&P Global Sustainable1's Nature & Biodiversity Risk dataset here: https://www.spglobal.com/esg/solutions/nature  

Read S&P Global Sustainable1 research "How the world’s largest companies depend on nature and biodiversity" here: https://www.spglobal.com/esg/insights/featured/special-editorial/how-the-world-s-largest-companies-depend-on-nature-and-biodiversity  

GreenBiz Group hosts the GreenFin conference and S&P Global Sustainable1 is a sponsor.  

This piece was published by S&P Global Sustainable1, a part of S&P Global.      

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