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What does economics have to do with nature?

14 October 2024

In-person

Trinity Business School, Pearse Street, Dublin 2, Ireland

What does economics have to do with nature?

At the heart of many of the problems we face today is how our economic system works, chiefly how markets ignore our impacts and dependency on nature. However, economists can also make a positive contribution - through environmental economics and the natural capital approach, we can show how valuable nature really is, and how that value information can be taken into account when making economic decisions - by governments, by businesses or, indeed, households.


This free public Trinity Climate & Biodiversity Action Week talk will also cover the economic arguments for why and how we need to adapt to climate change risks.


"My main objective is to make sure nature is treated fairly, and that it's many benefits are included in economic analysis and business strategies. I started my career gathering evidence that nature had economic benefits, including it in investment and policy appraisals.


"I used economic arguments, including natural capital accounting, in favour of investment in nature and adaptation to climate change for public, private and third-sector clients. I work mostly in water, agriculture and forestry but believe environmental economics can be applied in any context."


- Ece Ozdemiroglu, founder & CEO of eftec, Member, UK Climate Change Committee on Adaptation 2016-2022.

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