Investments' role in ecosystem degradation—Response

We agree with Ceddia that investment can play a key role in achieving the transformative change that is necessary to reverse nature's ongoing decline. In our Review, we pointed to the large impact of extractive industries, the unequal distribution of wealth associated with trade flows, and the handful of transnational corporations that control the majority of supply chains in agriculture, fishing, logging, and mining. Changing investment in these sectors can profoundly affect the future of nature. More broadly, the impact of both public and private investment deserves more visibility ([ 1 ][1], [ 2 ][2]). It is also important to focus on the role that public policy and public opinion (including a more holistic view of economics and quality of life) can have in shaping investment ([ 3 ][3], [ 4 ][4]). A new economic system should build on and enhance the fabric of life rather than erode it. By rewarding actions that promote sustainability and penalizing actions that result in environmental deterioration, policies and attitudes can create powerful incentives for change in global financial and economic systems toward this vision. 1. [↵][5]1. E. S. Brondizio et al. 1. P. Balvanera et al ., in Global Assessment Report of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, E. S. Brondizio et al., Eds. (Secretariat of the Intergovernmental Science-Policy Platform for Biodiversity and Ecosystem Services, Bonn, Germany, 2019). 2. [↵][6]1. E. S. Brondizio et al. 1. K. A. Brauman et al ., in Global Assessment Report of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, E. S. Brondizio et al., Eds. (Secretariat of the Intergovernmental Science-Policy Platform for Biodiversity and Ecosystem Services, Bonn, Germany, 2019). 3. [↵][7]1. E. S. Brondizio et al. 1. K. M. A. Chan et al ., in Global Assessment Report of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, E. S. Brondizio et al., Eds. (Secretariat of the Intergovernmental Science-Policy Platform for Biodiversity and Ecosystem Services, Bonn, Germany, 2019) 4. [↵][8]1. E. S. Brondizio et al. 1. J. Razzaque et al ., in Global Assessment Report of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, E. S. Brondizio et al., Eds. (Secretariat of the Intergovernmental Science-Policy Platform for Biodiversity and Ecosystem Services, Bonn, Germany, 2019). [1]: #ref-1 [2]: #ref-2 [3]: #ref-3 [4]: #ref-4 [5]: #xref-ref-1-1 "View reference 1 in text" [6]: #xref-ref-2-1 "View reference 2 in text" [7]: #xref-ref-3-1 "View reference 3 in text" [8]: #xref-ref-4-1 "View reference 4 in text"