Event information
Why carbon markets aren’t a good model for investing in nature recovery
Oxford University economist Alex Teytelboym will set out a new approach to scaling investment in nature recovery. At a time of urgent need for private finance to pick up the heavy lifting in nature recovery, Alex will explain why existing market designs such as carbon and Biodiversity Net Gain are not sufficient to scale investment in nature, and use an innovative case study to demonstrate how a different, auction based approach, could scale and enable investment. Alex will be in conversation with Emily Norton, AFN Network+ Policy Champion, and natural capital markets expert.
About Alex:
Alex Teytelboym is a Professor of Economics at the Department of Economics, University of Oxford, Fellow by Special Election at St. Catherine’s College, and a Professorial Research Fellow at the Institute for New Economic Thinking at the Oxford Martin School. He directs the Oxford University Business Economics Programme and the MSc in Financial Economics Programme.
His current research interests lie mainly in market and mechanism design. He is also interested in environmental economics and co-leads the Finance Theme at the Leverhulme Centre for Nature Recovery. He often advises companies, governments and NGOs on auction and market design.
He’s also so co-founder of Refugees.AI, an organisation that is developing new technology for refugee resettlement (originally funded by Skoll Centre for Social Entrepreneurship).
About Emily:
Emily Norton has 25 years’ experience in the food and farming sector. She originally qualified as a lawyer before undertaking an MSc in Sustainable Agriculture. Her career has taken her from family business to global PLC, with time spent in Brussels and across the UK. Emily is the founder of Farm Foresight Ltd, a strategic advisory service for the land management sector, working with farmers, investors, politicians and businesses on rural policy and emerging trends. She has expertise in natural capital influences on land, food and farming. Emily holds non-executive board positions at Soil Association Exchange, the Environmental Markets Board and for the Duchy of Cornwall. She is a member of the national policy committee of the Country Land and Business Association and is a trustee at the Royal Norfolk Agricultural Association. She writes a regular opinion column in the Farmers Weekly and lives and farms in Norfolk.
About this webinar series:
This webinar is part of a monthly series which explores net zero in the UK agri-food system with leading movers and shakers. Expect deep and varied insight from across the sector, including farmers, scientists, policy analysts, community leaders, retailers, politicians, businesses and health professionals. The series is organised by Jez Fredenburgh our Knowledge Exchange Fellow, and Prof Neil Ward, AFN Co-lead and Professor of rural geography. Jez and Neil are based in the School of Environmental Sciences, and the Tyndall Centre for Climate Change Research, at the University of East Anglia.