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Monday, 19 October 2026

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Nature Is an Economic Asset. Global Subsidies Still Reward Its Destruction

As COP17 examines progress on global biodiversity goals, harmful subsidies reveal why governments must align economic incentives with conservation objectives.

By Katherine (Kay)3 min read

London, 19 October 2026 – Nature is often discussed as something governments must protect for future generations. But it is also an economic asset supporting livelihoods today.

Agriculture depends on healthy soil and pollination. Fisheries depend on functioning marine ecosystems. Tourism and other industries rely on the quality of natural environments. When ecosystems deteriorate, the costs can extend well beyond conservation programmes.

This week, representatives are gathering in Yerevan, Armenia, for the UN Biodiversity Conference, COP17.

The meeting will assess progress towards international targets agreed in 2022, including protecting 30% of land and sea by 2030. But progress remains uneven, and many targets are not on track.

One challenge is particularly important. Governments are seeking more money for biodiversity protection while continuing to support economic activities that can damage it.

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Author

  • Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.
    Her work blends analysis with narrative, turning headlines into human stories that cut through the noise. Whether unpacking boardroom maneuvers, policy shifts, or the personalities shaping regional markets, Kay offers readers a perspective that is both insightful and relatable — always with a touch of wit.