Stan Alcorn/NPR
Our planet is in deep trouble. There are 1,000,000 species of vegetation and animals at risk of extinction, and the largest trigger is corporations destroying their habitats to farm meals, mine minerals, and in any other case get the uncooked supplies to show into the merchandise all of us devour.
So, when Mauricio Serna was in school, he realized his household’s plot of land in Colombia, known as El Globo, offered a singular alternative. Certain, it had traditionally been a cattle ranch. But when he might get the cash to show it again into cloud forest, maybe it might as soon as once more be a habitat for the animals who used to reside there — animals just like the yellow-eared parrot, the tree ocelot, and the spectacled bear (of Paddington fame).
On at present’s present, Mauricio’s quest to make a marketplace for a new-ish monetary instrument: the biodiversity credit score. We peek beneath the hood to strive to determine how these credit really work. Is the hype round them a bunch of scorching air? Or might they be a vital device for saving hundreds of species around the globe?
In the present day’s episode was hosted by Stan Alcorn and Alexi Horowitz-Ghazi. It was co-reported by Tomás Uprimny. It was produced by James Sneed, edited by Jess Jiang, fact-checked by Sierra Juarez, and engineered by Cena Loffredo. Alex Goldmark is Planet Money’s government producer.
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Music: Supply Audio – “Stunt So Hard,” “EAT,” and “Menage a Moi.”