Banking Nature

Banking Nature

'Buying landscapes, protecting landscapes, accumulating new landscapes-it's a phenomenal opportunity.' -Steve Morgan, CEO, Wildlands Inc.

After years of working to undermine environmental regulations, governments and corporations are starting to think about the value of nature-and how they can profit from it.

BANKING NATURE is a provocative documentary that looks at the growing movement to monetize the natural world-and to turn endangered species and threatened areas into instruments of profit. It's a worldview that sees capital and markets not as a threat to the planet, but as its salvation-turning nature into 'natural capital' and fundamental processes such as pollination and oxygen generation into 'ecosystem services.'

In the film, we meet economist and former banker Pavan Sukhdev, a leading authority on the valuation of nature (one square kilometre of Hawaiian coral reef: $600,000). In his view, the best way to protect endangered species and ecosystems is to assign them a value-because if we can't measure the services nature provides, we can't recognize them within our current models.

In Uganda, the film introduces meet men who measure trees to determine how much carbon they store-and a banker from the German firm that sells the resulting carbon credits. Meanwhile, in Brazil, steel giant Vale destroys rainforest, replaces it with tree plantations, and reaps the benefits of environmental credits.

Once we start measuring the value of nature, we can start turning it into securitized financial products. BANKING NATURE asks whether can we trust the very same people whose management of the mortgage market nearly led to a global economic collapse to safeguard nature by turning it into financial instruments for speculators?

'A beautiful and very challenging and provocative treatment of the current effort to save nature and the planet by applying the market economics, models, and tools to global environmental crises such as species extinction, the loss of biodiversity, degradation and loss of whole ecosystems like the world's rainforests, and global warming.' - Science Books and Films

'How much are the rainforests of the Amazon, the coral reefs of Hawaii, and the world's bees worth?' - Le Figaro

'Inspiring; analysis with detail and foresight.' - L'Humanite

Citation

Main credits

Sukhdev, Pavan (interviewee)
Feydel, Sandrine (screenwriter)
Feydel, Sandrine (film director)
Delestrac, Denis (screenwriter)
Delestrac, Denis (film director)
Devorsine, Jean-Pierre (film producer)
Jacobs, Lisa (narrator)

Other credits

Photography, Michel Anglade; editing, Guillaume Quignard; music, Stéphane Lopez.


Docuseek2 subjects

Distributor subjects

Business
Business Ethics
Business and Economics
Ecology
Economics
Environment
Environmental Film Festivals
Sustainability

Keywords

banking; nature; economics; value; france; french; business; ethics; bees; denis delestrac; sandrine feydel; environment; trade; "Banking Nature"; Icarus Films