Banking Nature
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BANKING NATURE investigates the commercialization of the natural world. This significant documentary explains the spectacular financialisation of environmental conservation. Putting a price on nature seems like a simple idea: If nature had a price, wouldn’t corporations and governments be less likely to destroy it? Wouldn’t putting a price on nature overturn what economist Pavan Sukhdev calls “the economic invisibility of nature”? Reality, of course, turns out to be rather more complex. And there are wider issues at stake. What guarantees do we have that our natural inheritance will be protected? And should our ecological heritage be for sale? We investigate the commercialization of the natural world. Is the best way to protect nature to put a price on it? Will “nature credits” and the financial markets that deal in them lead to the extinction of species as big business buys up vast swathes of land?
AWARDS
- Winner of the Expo Milano 2015 Prize (Prix Italia)
- Award of the Faculty of Forestry and Wood Sciences (Life Sciences Film Festival 2015, Czech Rep)
- Best Documentary (Grand Prize of the City of Innsbruck, Innsbruck Nature Film Festival 2015)
- Best Full-Length Documentary (Kuala Lumpur Eco Film Festival 2015)
YEAR: 2014
DURATION: 52 MINS
PRODUCTION: VIA DECOUVERTES
DIRECTOR: SANDRINE FEYDEL & DENIS DELESTRAC
LANGUAGE: ENGLISH, (Spanish and Mandarin subtitles to come)
QUOTES FROM THE FILM
“Financialisation equals the rape of the earth.”
Vandana Shiva, environmental activist.
“We use nature because she’s valuable, but we lose nature because she’s free.”
Pavan Sukhdev, CEO of GIST Advisory (former Managing Director at Deutsche Bank).
“A licence to kill nature.”
Pablo Solon, Executive Director of Focus on the Global South (former Ambassador of Bolivia to the United Nations).
“If we invest money in protecting nature, we’ll earn very, very high financial returns.”
Mark Tercek, CEO of The Nature Conservancy (former investment banker at Goldman Sachs).