Una «economía verde» que agrava la crisis ecológica
Summary
This report by Friends of the Earth International critiques the concept of the 'green economy' promoted during the Rio+20 conference, arguing that it serves as a mechanism for the 'financialization of nature.' The document asserts that treating ecosystems as financial assets allows multinational corporations and investment funds to capture natural resources, exacerbates social inequalities, and fails to effectively reduce greenhouse gas emissions.
Key insights
- The 'green economy,' as defined by the United Nations Environment Programme (UNEP), is criticized as a tool to apply market mechanisms to the management of nature, effectively turning the ecological crisis into a growth opportunity for multinationals and investment funds.
- The financialization of nature creates significant risks, including the reduction of corporate responsibility through compensation payments, increased social injustice via new property rights that favor the wealthy, and the potential for ecological degradation to be incentivized as the rising price of disappearing species increases profit motives.
- Carbon markets, established under the Kyoto Protocol and the EU, are described as failures that have led to massive fraud, over-allocation of quotas, and the creation of fictitious credits without effectively reducing greenhouse gas emissions.
- The report highlights how financial actors use 'biodiversity compensation' to legitimize the destruction of ecosystems in one location by funding the recovery of another, which the French Ministry of Ecology admitted accelerates project acceptance by bypassing local community opposition.
- Multinational corporations, particularly in the oil and mining sectors, engage in financial speculation by acquiring concessions to increase their stock market value regardless of whether they intend to exploit the resources immediately.
- The document argues that the most effective way to protect biodiversity is through the recognition of indigenous peoples' rights and collective community management, citing the Kayapo people in Brazil as an example where deforestation stopped at the borders of their recognized territories.
Cite the original document
- APA
- Friends of the Earth International (n.d.). Una «economía verde» que agrava la crisis ecológica. https://www.foei.org/wp-content/uploads/2020/12/la_naturaleza_no_esta_en_venta2.pdf
- Chicago
- Friends of the Earth International. Una «economía verde» que agrava la crisis ecológica. n.d. https://www.foei.org/wp-content/uploads/2020/12/la_naturaleza_no_esta_en_venta2.pdf.
- Wikipedia
- {{cite report |author=Friends of the Earth International |title=Una «economía verde» que agrava la crisis ecológica |url=https://www.foei.org/wp-content/uploads/2020/12/la_naturaleza_no_esta_en_venta2.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{friendsoftheearthinternationalnduna, author = {{Friends of the Earth International}}, title = {{Una «economía verde» que agrava la crisis ecológica}}, institution = {Friends of the Earth International}, url = {https://www.foei.org/wp-content/uploads/2020/12/la_naturaleza_no_esta_en_venta2.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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