Bringing the balance back...

Today human rights are often in conflict with corp orate rights, while nature’s rights are left out of the picture completely, unless the conflict falls within a narrow margin of overlap. The growing trend of corporations suing governments for trying to protect their people or nature, like a recent Bayer Syngenta case against the European Union’s ban on three neonicotinoid pesticides linked to the deaths of millions of bees, shows us just how far out of balance the system is becoming.
We are witnessing the financialization of nature, monetizing ecosystems by creating property titles to nature’s functions, to form the basis of cash flows that can be traded o n the capital markets. This, cou pled with flawed compensation like biodiversity offsetting, which assumes that interconnected living ecosystems are interchangeable, will eventu ally lead to ecological suicide.
Current environmental law is failing because it comes from the same archaic paradigm that created the problem. It is designed to manage externalities of business as usual without addressing root causes, like the fundamental orientation of our economic system itself. Bringing nature in as a stakeholder, in its own right, is a powerful counterbalance to current corporate dictatorship and will be instrumental in establishing a new stru cture of law – one that encou rages human activity that enhances the resilience of the earth.
Source: Excerpted from an introduction o f the European Citizen’s Initiative by Mumta Ito, lawyer and Founder of the NGO Nature’s Rights.