The Great Simplification with Nate Hagens cover image

Alexa Firmenich: "Biodiversity, Beauty, and Being”

The Great Simplification with Nate Hagens

00:00

Creating Financial Mechanisms for Nature Preservation

The urgent need to protect and restore nature is discussed in this chapter, highlighting the importance of not only focusing on economics but also healing the psychological relationship between humans and nature. The proposal of implementing a tax system that incentivizes pro-regenerative and pro-rewilding actions is explored, along with experiments on universal conservation income. The chapter contemplates the compatibility between the natural world and the financial world, and the idea of designing finance to intelligently pay back the debt owed to nature.

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