Discover4NatureSeason 3 Episode 2: The Gold Standard: Valuing Intact Nature While We Fix What's Broken
Season 3 Episode 2: The Gold Standard: Valuing Intact Nature While We Fix What's Broken

Season 3 Episode 2: The Gold Standard: Valuing Intact Nature While We Fix What's Broken

Update: 2025-05-06
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What if we've built conservation markets backward? Mike Korchinsky, founder of Wildlife Works, reveals how we've created elaborate systems to pay for reducing destruction while assigning zero value to what remains intact. After pioneering REDD+ carbon credits that moved millions to indigenous communities, Korchinsky is now challenging both corporate leaders and environmental activists with a provocative framework: "The market is the worst form of conservation finance - except for all the others." His work with Amazonian indigenous peoples has produced a revolutionary financial instrument that values functioning ecosystems rather than just measuring avoided harm. Join this philosophical journey through the carbon market's turbulent history to discover why the future of biodiversity finance might depend on abandoning guilt-based "footprint" approaches for something radically simpler: recognizing and rewarding what communities have protected for millennia.

Links:

Wildlife Works website

The Kasigau Corridor REDD+ Project

Biodiversity Stewardship Unit/methodology information

Verra

CFA's Nature Credit Task Force

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Season 3 Episode 2: The Gold Standard: Valuing Intact Nature While We Fix What's Broken

Season 3 Episode 2: The Gold Standard: Valuing Intact Nature While We Fix What's Broken

Conservation Finance Alliance & Conservation Strategy Fund