TED: What a living whale is worth -- and why the economy should protect nature | Ralph Chami

The speaker shares their journey from a financial economist to valuing the carbon sequestration services of whales and elephants. They explain how these animals capture carbon, contributing to climate change mitigation. The speaker emphasizes the economic value of living nature and proposes a regenerative economy that values natural ecosystems. They highlight the potential for countries like Gabon to generate revenue through carbon offsets, advocating for a sustainable approach to economic growth.

What is the estimated value of a single whale's carbon sequestration service?

How do elephants contribute to carbon sequestration in forests?

What is the estimated value of seagrass carbon sequestration globally?

What three things are needed to build an economy around a living and thriving nature?