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What a Living Whale Is Worth -- and Why the Economy Should Protect Nature | Ralph Chami | TED

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  • Опубліковано 8 гру 2022
  • How much is one living blue whale worth in the fight against climate change? A lot more than you may think, says financial economist Ralph Chami. He explains the value of bringing the language of dollars and cents to conservation -- and offers his vision of a new economy that would profit off regenerating nature, not extracting from it.
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    • What a Living Whale Is...
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КОМЕНТАРІ • 84

  • @tama5570
    @tama5570 Рік тому +26

    Sad modern society only knows the language of dollars. Can't recognise the intrinsic value of nature, our symbiotic relationship and justs sees it as a resource. Great talk.

    • @cats5351
      @cats5351 8 місяців тому

      Valid point.

  • @SibylleLeon
    @SibylleLeon Рік тому +22

    Why isn't this on every news network?

  • @JulieArmstrongReidt
    @JulieArmstrongReidt Рік тому +265

    *>>> Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?*

    • @vera3315
      @vera3315 Рік тому

      That's impressive! I could really use the expertise of this advisor, my portfolio has been stagnant.... Who’s the person guiding you

    • @Soyuz2578
      @Soyuz2578 Рік тому

      >>>invest in Blue Whale Stocks and Bonds. Can I suggest a personal favourite of mine - BigMauriceAtlantic PLC UK 🤣🤣🤣

  • @susanpitt4742
    @susanpitt4742 Рік тому +2

    Brilliant ideas. Let's do it.

  • @Yousef26Hall
    @Yousef26Hall Рік тому +5

    This is a major discovery in our grasp.

  • @sustainableseastechnologyorg
    @sustainableseastechnologyorg Рік тому +2

    BRILLIANT! Carbon offsets for whales and elephants!

  • @davidarundel6187
    @davidarundel6187 Рік тому +7

    If this helps save both Elephants and Whales , I would be most pleased , indeed .
    I've close encounters with each species - of the marine mammals, more than 1 species - and they are happy to interact , as long as they are not threatened .

  • @ligiasommers
    @ligiasommers Рік тому +3

    Amazing talk 🎉🙏🏻❤️✨🙏🏻

  • @IsraelWilson
    @IsraelWilson Рік тому +2

    As the Assistant Deputy Director of the International Monetary Fund's Institute for Capacity Development, I have had the opportunity to study the economic value of various natural resources, including living whales.
    After conducting thorough research and analysis, it is clear that the worth of a living whale is immeasurable. While it is possible to assign a monetary value to certain aspects of a whale's existence, such as its role in ecotourism or its potential to generate income through whale watching or other forms of exploitation, these figures do not come close to capturing the full worth of a living whale.
    Whales play a vital role in maintaining the health and balance of the marine ecosystem. They are top predators that help regulate the populations of other species, and their waste serves as a source of nutrients for other organisms. The loss of a single whale can have far-reaching consequences on the entire ecosystem.
    In addition to their ecological value, whales also have a cultural and spiritual significance for many communities around the world. They are revered as symbols of strength, intelligence, and grace, and have inspired art, literature, and music for centuries.
    In conclusion, the worth of a living whale is immeasurable and cannot be reduced to a single monetary value. Protecting and preserving these magnificent creatures is not only a moral obligation, but also a vital investment in the health and well-being of our planet.

  • @851RMB
    @851RMB Рік тому

    This is amazing! Spread this video!

  • @KnowArt
    @KnowArt Рік тому +1

    what a lovely idea

  • @moorthimutheesvaran5668
    @moorthimutheesvaran5668 Рік тому +1

    That's wonderful and directly hit at the head when you put it in dollars. Yes, we need to think how to invest in places like Gabon to curb carbon emission instead of wasting money in luxury meetings and conference.

  • @Rippone
    @Rippone Рік тому +1

    Inspiring amazing idea!

  • @blakespeith3698
    @blakespeith3698 Рік тому +15

    A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

    • @WilliamSmith-cp6ss
      @WilliamSmith-cp6ss Рік тому

      The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

    • @edwardspencer845
      @edwardspencer845 Рік тому

      Despite bitcoin’s recent fall in value, Mrs Julia Oswin keep making $50k profits of my investment weekly. I have aviation sector recovers from pandemic restrictions.

    • @jameswillson8910
      @jameswillson8910 Рік тому

      People prefer to spend money on liabilities, rather than investing in assets and be profitable.I don't know who needs to hear this! Stop relying on the government and savings. Invest some of your money if you want financial stability, the pandemic has thought us the importance of having several streams of income.

    • @rhodakatung5635
      @rhodakatung5635 Рік тому

      As a beginner who don't understand how crypto trade really works and you really want to make profit from it. I will advise you to first start working with a professional

    • @Silas5575
      @Silas5575 Рік тому

      This is impressive, I lost almost $80k on trading!!! Please any help with best advises on how to make money on cryptos? I'm open for ideas..

  • @takielddine9901
    @takielddine9901 Рік тому +1

    Thnx

  • @LT_V3NOM
    @LT_V3NOM Рік тому

    Nature is everything

  • @jaimegutierrez9439
    @jaimegutierrez9439 Рік тому +1

    Are this numbers taking into account the CO2 exhaled during the entire lifetime? I have no idea if it´s much or not, but just wondering

  • @Valeria.Y7
    @Valeria.Y7 Рік тому

    Great of view

  • @bublikoff3004
    @bublikoff3004 Рік тому

    Incredible interesting theme

  • @sybcomaabhishek.ryadav5572
    @sybcomaabhishek.ryadav5572 Рік тому +1

    great vro

  • @multivariateperspective5137

    Wow a cool bean counter imagine that 😁

  • @michelespinelli6916
    @michelespinelli6916 2 місяці тому

    W O W !

  • @Godhimself7
    @Godhimself7 Рік тому +2

    Instead of focusing on mission mars, we should primarily focus on our mother earth...

  • @krux02
    @krux02 Рік тому +1

    Meanwhile quite close to where I live, villages are getting torn down to dig up the coal under them.

  • @Can-bc3jg
    @Can-bc3jg Рік тому

    Just commenting to get this video more attention.

  • @Dr.RiccoMastermind
    @Dr.RiccoMastermind Рік тому +2

    Important Statement for the whales and wildlife dividends!

  • @danielestevez177
    @danielestevez177 Рік тому

    'La Pachamama' thanks you

  • @EvvA
    @EvvA Рік тому

    He looks like the one ruusian doctor: Alexander Myasnikov.

  • @takielddine9901
    @takielddine9901 Рік тому +1

    سبحان الله الحي القيوم رب كل شيء ومليكه

  • @vesawuoristo4162
    @vesawuoristo4162 Рік тому +3

    That is an idea , although we don't need economy to protect nature. Just protect it.

  • @bastienmnd949
    @bastienmnd949 Рік тому +2

    What about corruption that is struggling these countries ? Valuation of nature won't be making advantages to the powerful and the richs (as always) ? This idea seems to be a smooth utopia so far...

    • @PedroCarvalho-lb7qx
      @PedroCarvalho-lb7qx Рік тому

      That's a good point. If the revenue goes to the goverment (which owns that land) but this gov is corrupt then it will not increase the standard of living for the pop., just for the power elite

    • @Lord_Zore
      @Lord_Zore Рік тому

      Well because the creators whole goal is to protect nature and reduce carbon, so they probably care about corruption and misuse of funds and fully intend on mediating misuse of funds and then you get governments involved who are putting money into who can also help with fund transparency.

  • @shunmugumlionel
    @shunmugumlionel Рік тому

    Hi Ralf I really enjoyed this video.
    I have always wondered about the approximate economic cost to the state bring up a child in a broken home - a child who probably has 1 or more siblings to a unemployed single mother on welfare or other social benefit?

  • @janekmazur5985
    @janekmazur5985 Рік тому

    BTW some sharks also sink. So we can invest not only in whale stocks, but be a loan shark.

  • @healthfitnesbd7442
    @healthfitnesbd7442 Рік тому

    Plant tree save tree save planet 🌍🌎🌏

  • @janekmazur5985
    @janekmazur5985 Рік тому

    Now, where can i invest in Catacean Bonds? It will be money whale spent.

  • @camilabenitez4673
    @camilabenitez4673 Рік тому

    🐘🐎🐋🐝🐅🐄🐫🐨🦥🦦🐟🕊🦬🐑🦌🐐🐿🐰🦘🐦🐓🦫🐸🐜🦋🦗🕸❤

  • @5kowal
    @5kowal Рік тому

    This is cool but I don't like that he just pulls out those numbers out of a hat. Like could we understand how did he make those calculations?

  • @user-lv3wm2ql5v
    @user-lv3wm2ql5v Рік тому

    誰か日本語に翻訳してくれ!!

  • @bosinaify
    @bosinaify Рік тому +4

    The Creator(God) has created every creature to facilitate human being. Thanks Almighty and thank you so much Mr.Ralph for sharing eye opening knowledge around the globe. Love & respect from Pakistan 🇵🇰

  • @sandeepvk
    @sandeepvk Рік тому +1

    this is a very simplistic assumption. Whales also breath out carbon dioxide. And when whale dies what does he mean by squestered ? The body would burst after it sinks and the carbon would be released back to the sea. We need to fight climate change but not by these simplitics 15 min presentations

  • @joesmith-tg3co
    @joesmith-tg3co Рік тому

    fact one whale will feed 10,000 Japenese, and they actually hurt the environment by the amount of krill they eat because the krill eat so much plankton with uses carbon dioxide

    • @elvytan4682
      @elvytan4682 Рік тому

      People don't need whale meat to survive. Eating whales is just plain wrong and illegal.

    • @joesmith-tg3co
      @joesmith-tg3co Рік тому

      @@elvytan4682 tell that to the Japenese

    • @Dez083
      @Dez083 Рік тому

      @@joesmith-tg3co cool story...so therefore kill all the whales so there is none left...whales damage the environment what BS...

    • @agatarudd335
      @agatarudd335 Рік тому

      Who hurts the environment - the whales or the Japanese?

    • @joesmith-tg3co
      @joesmith-tg3co Рік тому

      @@agatarudd335 actually the whales, by eating krill, there is a well done per review study on nature, but it gets shut down by Green Peace

  • @dddz961
    @dddz961 Рік тому +2

    This is a scam