What is the world worth? - Pavan Sukhdev

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Environmental damage is already costing us trillions a year, according to Pavan Sukhdev, head of the UN Green Economy Initiative.

Pavan applies numbers to things that nature does for free - like purifying drinking water, supplying food and fuel, protecting coasts from storms, and generally keeping humans alive and healthy.

After years of running down our natural capital, are we getting close to an environmental version of the credit crunch?

Climate change has been grabbing most of the headlines in recent years, but we are now up against many environmental limits at once. Pavan looks at what this tells us about our economic system and how it needs to change. He will describe what the global economy would look like with nature on the balance sheet - and what that means for Australia.

In his only public lecture in Sydney, Pavan Sukhdev will explain why saving nature saves money, and what Australia now needs to do to balance the environmental books.

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