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Markets fail to price nature: Menon

Lin Daoyi
Lin Daoyi • 7 min read
Markets fail to price nature: Menon
"There is capital looking for nature projects. There are nature projects that need capital. But the projects are not structured in a way that connects the two. The result is a classic market failure." Photo: Taskforce for Nature-related Disclosures
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Most of nature’s value is not priced, reflecting a “foundational” market failure, says Ravi Menon, Singapore’s climate action ambassador. Menon was formerly the managing director of the Monetary Authority of Singapore from 2011 to 2023.

Speaking at the Nature means business: Opportunities in a nature-positive economy event held on May 18, coinciding with Ecosperity Week, Menon provides insights into why nature has been underinvested in and how to overcome it.

The event was presented by City Developments, the Taskforce on Nature-related Financial Disclosures, SGX and the Singapore Sustainable Finance Association.

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