Word: pavan
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Dates: during 2010-2019
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...biodiversity loss, then, be seen as a failure of the market? "Biodiversity is the living capital of the planet," says Pavan Sukhdev, a senior banker with Deutsche Bank and Special Adviser to the United Nations Environment Programme's (UNEP) Green Economy Initiative. Like any capital, he says, it has to be measured to be managed. "If you don't count half of your balance sheet, you're going to get your profit and loss ratio incorrect - and we have...
...Pavan Sukhdev observes, "The loss of forests worldwide amounts to somewhere between $2 trillion and $4.5 trillion a year. Losses in the U.S financial sector [in the economic downturn] were between $1 and 1.5 trillion. But the banks made the headlines...