New Book: The New Economy of Nature

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The New Economy of Nature brings together acclaimed ecologist Gretchen Daily with Pulitzer Prize-winning journalist Katherine Ellison to offer a captivating and informative look at a new economy — a system that recognizes the worth of natural systems and the potential profits in protecting them. The authors present intriguing profiles of charismatic trailblazers who are finding new ways of making conservation profitable, including the story of John Wamsley:Australias John Wamsley has made it his lifes work to fight biodiversity loss. As founder and director of Earth Sanctuaries, Ltd. (ESL), he and several thousand investors make money by zeroing in on peoples self-interest as a reason to care about Nature. At a time when many conservationists still oppose the notion of imposing bottom-line accounting on Nature, Wamsley embraces the trend. He scorns the more traditional technique of waging fund-raising campaigns for animals about to go extinct, saying they only create inefficient bureaucracies. Instead, he has found some remarkable ways to make a numbat turn a profit.The 61-year-old former mathematics professor lives at the site of his highly successful Warrawong nature reserve, near the city of Adelaide in South Australia. Warrawong is the smallest and busiest of three private wildlife parks managed […]

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