Finance, Nature's Debt, and Design Constraints for Ecological Regeneration

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Humanity owes a debt to nature, and finance is a tool used to accelerate the destruction of the environment. It is essential to design finance systems to pay this debt intelligently by considering time horizons and developing schemes for ecological and social regeneration. Questions around land tenure, ownership, biodiversity credits, and offsets need to be addressed to ensure that benefits from nature investments are cycled back to communities and the environment. Biodiversity credits are a significant aspect, where discussions include whether they should be traded and how they can incentivize positive environmental actions. The argument for market tradeability revolves around generating enough funds, with potential benefits for local communities through profit sharing arrangements.

On this episode, Nate is joined by Alexa Firmenich, whose work spans biodiversity advocacy, ESG investing, wilderness excursion facilitating, and podcasting/creative writing. Together, they philosophize on the importance of developing a connection to nature and understanding the - often overlooked - but critical function of biodiversity to the climate and other natural systems. Alexa also delves into her thinking about new economic and cultural models on human systems that could work within the biosphere. How can acknowledging our individual roles as a part of the Earth’s larger system give us a new perspective on what it means to live among its other inhabitants? Why does a system full of external incentives ultimately disincentivize our natural human inclination toward pro-sociality? Will a future of lower energy throughput result in each of us rekindling the inherent connection with the land that we live on, leading to simpler lives - yet perhaps more fulfilling ones?

About Alexa Firmenich:

Alexa Firmenich is an investor, consultant and facilitator focused on climate and biodiversity. She is the co-director of SEED, a new center of the Crowther Lab at ETH Zurich. SEED is developing the world's most holistic measure of biodiversity that reflects multiple scale’s of nature's complexity for any location on the planet, with the goal to steer financial and political decision-makers to crystallize the value of nature into the global economy. Alexa is also the founder of Ground Effect, an animist investment vehicle that supports early stage nature-based solutions, scientific research and new economic models. Parallel to this work she is trained as a group facilitator in leadership development and ecological pedagogy, designing multi-day learning journeys through her role at Leaders' Quest. She is also an author, podcast host of Lifeworlds, a founding board member of Terra Habitus, a Mexican environmental fund that operates large-landscape conservation and watershed restoration, and a wilderness guide.

For Show Notes and More visit: https://www.thegreatsimplification.com/episode/106-alexa-firmenich

To watch this video episode on Youtube: https://youtu.be/4POPay2sIr8