We have all seen what happened when what our financial markets mistakenly thought was worth investing in turned out to be a chimera: “What investors thought was safe as houses has turned out to be nothing more than the property of the poor disguised in a silver wrapper, enabling bankers to pocket billions.”
The BBC’s Green Room this morning has a better idea: Why don’t we invest in “Natures Capital”? Since forests perform the function of a giant planetary utility…