For Immediate Release

Organization Profile: 

Isaac Rojas, Friends of the Earth International Coordinator of the Forests
and Biodiversity Programme – Email: or Tel: + 506
8338 32 04 (Costa Rican mobile)

Biodiversity Talks Should Oppose 'Financialization' of Nature

HYDERABAD, INDIA - While ministers start gathering here ahead of a second week of  United Nations Biodiversity talks [15-19 October], preparing to discuss where to garner billions of dollars needed to preserve global biodiversity, Friends of the Earth International warns against  Nature being ' financialized' (being given a price, bought, sold, and converted in financial mechanisms), which many multinational corporations are lobbying for.

More than 170 countries are represented at the Hyderabad UN 11th Conference of the Parties to the Convention on Biological Biodiversity, which seeks to address all threats to biodiversity and ecosystems, including climate change.

"Biodiversity and forests are critical for the survival of people and the planet, and are thus priceless. Our biodiversity needs to be protected, not speculated on by reckless and unaccountable financial markets,” says Isaac Rojas, Friends of the Earth International Coordinator of the Forests and Biodiversity Programme.

Friends of the Earth International believes that governments should establish public funds and other non-market based and non-corporate mechanisms to fund the conservation of biodiversity, and not rely on financial markets and financial speculation.

"Financialization of Nature, which many corporations are lobbying for, is a recipe for disaster. The takeover of biodiversity by the financial sector must be stopped," Isaac Rojas added.


FRIENDS: Help Us Fight

Independent journalism has become the last firewall against government and corporate lies. Yet, with frightening regularity, independent media sources are losing funding, closing down or being blacked out by Google and Facebook. Never before has independent media been more endangered. If you believe in Common Dreams, if you believe in people-powered independent media, please support us now and help us fight—with truths—against the lies that would smother our democracy. Please help keep Common Dreams alive and growing. Thank you. -- Craig Brown, Co-founder

Support Common DreamsSupport Common Dreams

Friends of the Earth is the U.S. voice of the world's largest grassroots environmental network, with member groups in 77 countries. Since 1969, Friends of the Earth has fought to create a more healthy, just world.

Share This Article

More in: