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The Intelligence from The Economist
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Rethinking Economic Models: The Role of Natural Capital
This chapter discusses the significance of natural capital in economic assessments, comparing it with traditional metrics like produced and human capital. It highlights the pressing need to integrate environmental assets into economic models, emphasizing the impact of biodiversity on sustainability. The speaker advocates for a reevaluation of economic literature and policy to appreciate nature's intrinsic value amidst ongoing climate change discussions.
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