Video: Ecological and economic perspectives on natural capital
This lecture from the Rockefeller Foundation Economic Council on Planetary Health at the Oxford Martin School addresses emerging methods of measuring natural capital and assessing ecological services in the context of economic analysis.
While some of the food system challenges facing humanity are local, in an interconnected world, adopting a global perspective is essential. Many environmental issues, such as climate change, need supranational commitments and action to be addressed effectively. Due to ever increasing global trade flows, prices of commodities are connected through space; a drought in Romania may thus increase the price of wheat in Zimbabwe.