Although economists work to better understand and model the interactions between climate change and the economy, many do not factor in all the latest scientific evidence, disregarding sensitive ‘tipping points’ in the climate system, and overlooking the market impacts of climate-induced hazards such as flooding, wildfires, and extreme heat. We must urgently create bridges between science and finance.
One of the challenges of resolving the biodiversity crisis is making it a part of the Victorian community’s consciousness. In a world with so many competing problems, the silent destruction of our unique plants struggles for attention. Gordon Noble offers three simple “nudges” to drive investment in protecting and restoring Victoria’s flora.