Journal

Insights on projects,
markets and nature.

Project Update
Project Update · March 2026

Ökokonto Ramin: From farmland to natural capital

How 17.3 hectares of degraded arable land are being transformed into a certified ecological account with around 650,000 eco-points.

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Market & Regulation
Market & Regulation · February 2026

Eco-points: Why the market is structurally undersupplied

Rising demand from wind energy, infrastructure and CSRD — but a fragmented, barely scaled supply. A market analysis.

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Essay
Essay · March 2026

Andy Warhol and the art of unspoilt land

A sentence from a 1975 Cosmopolitan interview that says everything about the aesthetics of nature — and captures the essence of what we do.

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Essay
Essay · January 2026

What is actually at stake?

On self-interest, justice and why biodiversity protection is more than prudence — a reflection based on Uta Eser's essay (APuZ 1–5/2026).

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Analysis
Analysis · January 2026

What nature is really worth

Ecosystem services, economic valuation and why the economisation of nature is not a sell-out — in conversation with Bernd Hansjürgens (APuZ 1–5/2026).

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Economics
Economics · March 2026

The Dasgupta Review: Why nature is the world's most precious asset — and why we are depleting it anyway

Commissioned by the UK government, Cambridge economist Partha Dasgupta's landmark report makes the economic case for biodiversity — and shows why GDP is the wrong measure.

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Financial Markets
Financial Markets · March 2026

TNFD: When nature loss becomes a balance sheet question

The Taskforce on Nature-related Financial Disclosures framework is changing how companies and investors identify, disclose and price nature-related risks.

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Regulation
Regulation · March 2026

The EU Nature Restoration Law: What it means for landowners and investors

In force since August 2024: Regulation (EU) 2024/1991 obliges member states to actively restore degraded ecosystems — creating structural tailwinds for natural capital markets.

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History of Ideas
History of Ideas · March 2026

How Nature Became Capital

From farmland as a factor of production to tradable ecosystem service: a 300-year history of nature's economisation — and what it means for natural capital markets.

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