The Rush Towards Carbon Sequestration – Markets or Command and Control?
The 2021 Dasgupta Report provides a much-needed roadmap to correct flawed economic tools by valuing Nature as an asset. A test of whether markets will follow this roadmap involves quickly expanding voluntary carbon sequestration markets. Editor’s Note: Fundamentally, the Dasgupta Review develops the economics of biodiversity on the understanding that we, and our economies, are embedded within nature- not external to it. There has been an institutional failure to account […]