If we put a cash price on the economic services that, say, watersheds or insects or coastal mangroves provide, would we value Nature more? Would we be prepared to change our ways of measuring wealth and economic growth? And if we did, would that slow down the extinctions and collapse of ecosystems?
These are some of the issues that are explored in Nature, Inc., a path-breaking TV documentary series that puts a price-tag on environmental services such as forests, wildlife and coral reefs.
First broadcast in 2008 and 2009 on BBC World News, Nature Inc. broke new ground for environmental programming by seeking out a new breed of investor – those who believe they can make money out of saving the planet.
Watch Nature, Inc. series trailer:
Nature Inc. offers new insights into valuing the benefits of natural systems and biodiversity. It takes its lead from economists who have worked out that ecosystem services are worth more than the total of all the world’s national economies.
The first and second series are now available from TVE Asia Pacific (TVEAP). Each series comprises six half-hour episodes, compacting stories filmed in different parts of the world. Broadcast, civil society and educational users across the Asia Pacific may order copies at the cost of duplication and dispatch, and without having to pay a license fee.
“There is new green thinking out there and some of it is grappling with pricing renewable assets. As such we felt it was a legitimate new area to take as an organising theme for the new series,” says Robert Lamb, series producer of Nature, Inc. “Perhaps the global recession has made viewers more aware of the ‘eco’ in economics”.The series is based on new research and analysis being done on the subject. Among these new studies is the Economics of Ecosystems and Biodiversity (TEEB), a major international initiative to draw attention to the global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, and to draw together expertise from the fields of science, economics and policy to enable practical actions moving forward.
But adding a price tag to Nature is not something that pleases all scientists or activists. Robert says the producers received “an overwhelmingly positive reaction” to the first series, but there was also a small minority who wrote in to say they hated the premise of the whole series.
He adds: “That’s good, we want to foster discussion in Nature Inc. which is why we are encouraging viewers to contribute ideas for the next series.”
Here’s a sample episode from the series, titled Coral Cashpoint. In this, Nature Inc investigates a claim that our coral reefs are worth $30 billion a year. In this fourth episode, we go diving on the Great Barrier Reef, the Maldives and to the bottom of the North Sea to find out how coral reefs supply 500 million of us with food and work. But we are destroying the reefs so quickly, they could vanish entirely in less than a hundred years.
Nature, Inc: Coral Cashpoint – Part 1 of 2
Nature, Inc: Coral Cashpoint – Part 2 of 2