At a recent ocean biodiversity summit, federal officials touted the plan to quantify the country’s natural assets and the services provided by healthy ecosystems, like tree canopies that can cool urban areas or kelp forests that prevent coastline erosion.
In the spirit of environmental conservation, the British government wants to put a price on nature. They've created a group called the Natural Capital Committee, which will put a dollar value on landscapes, river purity, and wildlife.
The United Nations World Heritage Organization says the Great Barrier Reef may soon be on its endangered list if Australia doesn't control its industrial development in the next eight months.
