Nature on the balance sheet: a financial perspective

Heather Grabbe, a Senior Fellow at Bruegel, and Thomas Viegas, Nature strategy lead at Aviva, explore the vital connection between biodiversity and finance. They discuss the systemic risks of biodiversity loss and highlight the integration of nature conservation into business strategies. The duo emphasizes the urgency of reforming harmful subsidies and aligning economic frameworks with natural limits. They also touch on innovative financial tools needed for sustainability and the high socio-economic costs of ecosystem degradation, advocating for the intrinsic value of nature.