Ham Green Screen will show the film ‘Banking Nature’ on Sunday, 2 December, at the Ham Library community space.
‘Banking Nature’ concerns the growing movement to monetise the natural world: to turn endangered species and threatened areas into instruments of profit.
It’s a worldview that posits capital and markets as the planet’s salvation – turning nature into “natural capital.” In this view, the best way to protect endangered species and habitats is to assign them dollar values and measure the “ecosystem services” they provide. These services can then be converted into securitised financial products.
The results can be grotesque. In Uganda, we meet men who measure trees to determine how much carbon they store – and a banker from the German firm that sells the resulting carbon credits. Meanwhile, in Brazil, steel giant Vale destroys rainforest, replaces it with tree plantations, and reaps the benefits of environmental credits.
Can we trust the same people whose mismanagement of the mortgage market led to a global economic meltdown to safeguard nature, by turning it into financial instruments for speculators?
Run-time is 57 minutes, after which everyone is welcome to stay for a discussion about the topics raised in the films. Entry is free; donations are welcome to help cover costs. Tea and coffee provided.
Date: 2 December 2018.
Time: Doors open at 5:15pm, film starts at 5:30pm.
Where: Ham Library community space, Ham Street, Richmond TW10 7HR
Cost: Free entry, but suggested donations of £3 are welcome to cover costs.
How to get there:
Bus 371 from Kingston or Richmond to Ashburnham Rd.
Or 65 to Ham Common and walk Ham Street towards Ham Library, approx. 5-10 min.