Rio+20: Attaching economic values to our ecosystems

Rio+20 (14/06/2012) – Aly Abou-Sabaa from the African Development Bank spoke to Pavilion TV about the increasing important issue of valuing ecosystems and land and putting a economic value on natural resources.

A major talking point for Rio+20, Abou-Sabaa explains that previously many aspects of nature – from water to forests to minerals and oceans – have not been given a meaningful value and therefore been overexploited, taking the world in a very bad direction.

By putting an economic value on these natural resources, he hopes to see real value attached to them, also offering a guide to local governments and decisions makers when promoting the best development options within their countries.