29 Oct '15, 3am

Can cities lead the way in maximizing nature's value? by @glennprickett @GrnBz via @AAPremlall #susta…

Can cities lead the way in maximizing nature's value? by @glennprickett @GrnBz via @AAPremlall #susta…

The idea of valuing nature’s services to people is not new. In 1937, Franklin Delano Roosevelt referred to natural resources as our “permanent capital,” a budget that the country was spending down faster than it could replenish. Certainly FDR was not the first to see the critical link between sustaining nature’s resources and our continued growth. In recent decades, an increasing number of companies, governments and organizations have been thinking seriously about this complex issue of sustainability. They have developed increasingly innovative ways to quantify and assess the value of nature’s services — our natural capital — so that businesses and governments can incorporate nature in their development decisions. The Natural Capital Project , for example — since its founding in 2006 — has helped dozens of public agencies and companies assess the value they derive from lan...

Full article: http://www.greenbiz.com/article/can-cities-lead-way-maxim...

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