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The Financialisation Of Nature

From Carbon Trade Watch:

The banks have successfully infiltrated the international institutions. The creation, and official recognition, of an UNEP Finance branch allows them to promote their private interests as public interests. Central in this strategy is the launch, at Rio+20, of a “Natural Capital Declaration”. What is this? The vision of the financiers, based on the conception of environment and of life as a simple capital resource, and their support for mechanisms that push the financialization of nature.


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