Page 4 - NYY Muscat Call 2022 April 24
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those lacking material wealth are best served by environmental and cultural decay, as a price
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               that must be paid at the altar of economic development.


               The majority of the world’s  scientists,  however, overwhelmingly crave for  a change of
               course. The UN  Biodiversity Conference (COP15)  pledged huge commitments  to defend

               nature. ESG (Environment, Society, and Government) frameworks devised to induce green

               investor  behaviours, are ascribed to  by much  of  global finance. Carbon credits  and green
               bonds set out to reward protection of the environment. Yet, we suffer a disconnect, a missing

               link with what actually happens on the ground. On this basis, the Muscat Call  advocates
               another Way forward.  Rather than enumerating  what  needs  to be done, it takes note  of

               action under  way, of  opportunities  at  hand, and points  to  ways  of leveraging, scaling,

               replicating, and doing more by collaborating among us, rather than countering each other.


               Progress requires,  however,  a  greater  effort  to reach  out cross-border, link  diverse
               competences,  sectors, disciplines,  and the  demarcation lines  of nation  states,  geography,

               culture, and mindset. We are all humanity in the face of the systemic crisis confronting us –

               and we must face it through inclusion and collaboration or perish.


               Next, the Muscat Call presents the building blocks and principles behind the approach

               that we advocate. The ensuing, third part presents actions. The final calls for leverage
               and expanded action.



                                             II:  BUILDING BLOCKS


                              2.1    Taking stock of, and confront, the challenge for what it is


               The way  forward  requires  taking stock  of the shifting planetary environmental, socio-

               economic and  geopolitical  boundaries  of our  time. We must confront the  fundamental
               challenge facing us all; under-investment in nature. The benefits of nature are multifarious,

               ever-expanding in all directions, transgressing from our past to the present, into our future,



               4  This argument, propelled since long by mainstream economists, ignores that the short-term benefits resulting
                  from the destruction of nature, disproportionately feed rent-seeking by vested interests who put proceeds into
                  real estate, luxury items, and bank accounts overseas, while destroying the basis for sustainable communities,
                  particularly for local and indigenous people, and also damaging long-term prosperity for society as a whole.



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