The Invisible Economics of Nature

Season 5, Episode 2, 10.6.2022

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Host: Ben Banerjee & Sveta Banerjee

Topic: The Invisible Economics of Nature

Guest: Pavan Sukhdev
Founder & CEO of GIST https://www.gistimpact.com/
Ex-President of WWF-International https://wwf.panda.org/
UNEP Goodwill Ambassador https://www.unep.org/


Chapters:
00:00 Intro
01:28 Opening remarks

Pavan Sukhdev, WWF and GIST
06:43 Pavan Sukhdev's bio
09:42 Pavan's journey from Physics to Sustainability
13:03 Why Indians are dominating in this field?
14:55 Which is the most important lesson you have learnt in life?
17:40 What is the present situation of the world environment?
20:23 What is WWF?
23:38 What is GIST?
26:43 Are considering only the footprint or also the handprint?
28:27 "What is essential is invisible to the eye"?
29:53 Do you think meassuring impact will become the new normal?
32:14 Who can get services of GIST?
33:52 Disruption of an open system
36:10 Why Ecological Connectivity matters?
37:31 Conflict between social development and ecological connectivity
40:48 Why is society reluctant to invest with impact?
48:00 What is GIST doing?
51:37 The world’s first integrated profit and loss accounts
53:32 How long does it take for GIST's practical process?
55:23 What is GIST's approach to quantifying impacts?
59:13 How WWF and GIST complement each other?
01:00:37 What is GIST's biggest challenge?
01:01:38 How can our audience support you?

1:04:00 Call to Action
1:05:09 Epilogue
1:05:55 Outro


Pavan Sukhdev is a scientist by education, an international banker by training, and an environmental economist by passion. Years of work in sustainability and the invisible economics of nature led to his appointment to head the United Nations’ “Green Economy Initiative” and to lead the G8+5 study TEEB (The Economics of Ecosystems and Biodiversity).

Pavan was awarded the McCluskey Fellowship (2011) by Yale University. At Yale, he taught a graduate course on TEEB and wrote his book “Corporation 2020-Transforming Business for Tomorrow’s World”. In this book, he advocates four changes in micro-policy and regulation which can rapidly transform today’s corporation to deliver tomorrow’s green and equitable “economy of permanence”. This led to his ongoing campaign (launched at Rio+20, 2012) on transforming business for tomorrow’s world. Pavan promotes tomorrow’s corporation, “Corporation 2020”, one with positive rather than negative externalities as the engine of tomorrow’s inclusive green economy. As founder and CEO of GIST, which delivers impact valuation and analytics, Pavan works with asset managers, C-suite executives and senior government officials on transition techniques, with an emphasis on metrics for sustainability.

Pavan has served on the boards of Conservation International (CI), the Global Reporting Initiative (GRI), the Stockholm Resilience Centre (SRC), and on the TEEB Advisory Board and has won several awards for his work including the Blue Planet Prize (2016) and the Tyler Prize (2020).


The show on how Impactful investments and businesses are helping to implement the 17 UN SDG’s worldwide to preserve the world for future generation.

Banerjis have enlightening and in-depth conversations with newsmakers, celebrities, thought leaders, entrepreneurs, project ow