What does a Bank of Nature business plan look like?
What modeling from traditional banking business works or doesn’t with a Bank of Nature? And, how does it change our POV on long-term sustainability?
What are assets? fees? interest rates? mortgages? securities? penalties? in this kind of bank.
“KPMG research finds that the external environmental costs, which today are often not shown on financial statements, of 11 key industry sectors jumped 50 percent from US$566 to US$846 billion in 8 years (2002 to 2010), averaging a doubling of these costs every 14 years.
The report calculated that if companies had to pay for the full environmental costs of their production, they would lose 41 cents for every US$1 in earnings on average, the study found.
Imagine how a 41 cent dividend on earnings to nature might jumpstart the multi-trillion cost to start to address the climate crisis. Let’s talk about how to make it happen.
Broto: Art-Climate-Science is hosting mostly Zoom-based working groups starting the month (January) to build out some of the ideas that we began to explore at recent Broto conferences. Along with the Bank of Nature, we’re examining our cultural estrangement from nature and we’re developing our Collaboration Blueprint.