What a living whale is worth: Recognizing the value of nature

‘So the nature-based solutions that we’re talking about are trying to get carbon capture being done by nature. So it turns out that science has revealed that many aspects of nature, both animals as well as plant life, capture and sequester vast amounts of carbon dioxide.’ – Connel Fullenkamp

Professor Connel Fullenkamp sheds light on the work of Blue Green Future, an organization that aims to create a new economic paradigm.

His focus is on acknowledging our economy’s reliance on nature and incorporating ecological considerations into our economic decisions.

Table of Contents

1. Reimagining Economic Models
2. Nature’s Role in Carbon Capture
3. Whales as Carbon Sequesters
4. Valuing Living Whales
5. Call for Paradigm Shift
6. Reviving Voluntary Carbon Markets
7. Recyclability as a Production Factor
8. Garnering Support for Conservation
9. Creating Investment Opportunities
10. Ensuring Transparency and Fairness
11. Emphasizing Large-Scale Funding
12. Calculating Lifetime Value of Living Creatures

Reimagining Economic Models

Blue Green Future is dedicated to establishing an economic model that assigns value to living nature.

This involves recognizing the benefits we gain from intact ecosystems and setting market prices for ecosystem services beyond just carbon sequestration, such as biodiversity enhancement, food supply improvement, and resilience against weather events.

Nature’s Role in Carbon Capture

The organization emphasizes nature-based solutions for carbon capture.

Both animals and plants have the ability to capture and store significant amounts of carbon dioxide.

By assigning a value to this natural process, a connection between financial markets and conservation restoration projects can be established.