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Revolutionizing Value Flows: The Intersection of Web3 and Regenerative Economics

On Value Flows and Regeneration with Pete Corke 🔗

00:00 Introduction to Value Flows and Regeneration

Pete Corke shares his unique journey through branding, marketing, and supply chain management that led him to focus on regenerative economics. He highlights the importance of embedding ecological benefits into carbon credits to enhance their value and create a robust framework for sustainable practices.

10:00 The Role of Web3 in Regenerative Economics

Corke discusses how Web3 technology can revolutionize the financialization of new value flows, allowing for transparency and traceability in carbon credit transactions. This technological shift promises to counterbalance extractive economic models by integrating ecological values into financial systems.

20:00 Challenges of Traditional Conservation

The conversation shifts to the limitations of traditional conservation, which often imposes economic costs on local communities. Corke argues for a new economic model that empowers local communities and integrates indigenous knowledge to create sustainable practices that benefit both people and the environment.

30:00 The Need for Legislative Change

Corke points out that systemic change requires legislative adjustments to allow for new economic structures. He emphasizes the need for philanthropic organizations to support projects that may not be immediately profitable but are essential for long-term ecological sustainability.

40:00 Mindset Change and Community Engagement

Corke concludes by advocating for a fundamental shift in mindset among individuals and organizations regarding value and nature. He envisions a world where people recognize and engage in the economic value of natural ecosystems, fostering a deeper connection with the environment.

What is the ecological benefits framework (EBF)?

The ecological benefits framework (EBF) is a system that categorizes and quantifies co-benefits of carbon credits, helping businesses understand the broader ecological impacts of their actions and making it easier to justify premium pricing for these credits.

How does Web3 contribute to regenerative finance?

Web3 allows for greater transparency, traceability, and efficiency in carbon credit transactions, enabling businesses to confidently invest in ecological projects while ensuring that the credits they purchase are authentic and verifiable.

Why is community engagement essential in regenerative projects?

Engaging local and indigenous communities ensures that their knowledge and needs are prioritized, leading to more effective and sustainable practices that respect both the environment and the cultural contexts of the areas involved.

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