Our mission is to improve decision-making and policies for the benefit of biodiversity and people

The Dragon Capital Chair in Biodiversity Economics is a 5-year program (2020-2025) homed in the LEEP Institute, Department of Economics, at the University of Exeter Business School. Professor Ben Groom, holds this post, which is generously funded in collaboration with Dragon Capital, an investment manager based in Vietnam and focused on Frontier Asia.

Work focuses on the study of the economic and financial aspects of biodiversity guided in part by the findings of the Dasgupta Review on the Economics of Biodiversity and international commitments under the Convention on Biodiversity. The Dragon Capital team, together with our partners and networks, are dedicated to interdisciplinary approaches to understanding and reducing the impact of economic activities on biodiversity. We undertake frontier research on the causes of biodiversity loss, the role of nature based solutions to climate change, the natural capital value and associated values of biodiversity, and the measurement of biodiversity, to guide policy goals and measure biodiversity impacts and risks.

Our agenda hopes to influence public policy, economic incentives and allocations in the wider economy – so that biodiversity becomes visible and salient to decision-makers, where usually it is invisible and neglected. Doing so will foster sustainability and reflect society’s role as stewards of biodiversity for future generations. We achieve this via world leading publications, engagement in stakeholder events, and advising governmental and multilateral bodies and private sector groups on policy.

Our research combines empirical insights and theoretical advancements, with a primary aim to inform and shape public policy and influence day-to-day decisions in a way that accounts for biodiversity. Our research is deeply aligned with the evolving global policy landscape, which features pivotal agreements such as the Montreal-Kunming Agreement under the Convention on Biodiversity. As the Dasgupta Review makes plain, the economy is embedded in the environment, and biodiversity is to ecosystems what trust is to society, a kind of glue that holds the environment and hence economies together. Things fall apart if we lose biodiversity. This is what motivates the Dragon Capital Team.

Professor Ben Groom

Latest

23/05/2024: NBER’s 6th annual Environmental and Energy Policy and the Economy conference

Ben Groom will be presenting a paper titled 'The Social Value of Temporary Carbon Removals and Delayed Emissions'.

10-12/06/2024: AMSE Summer School 2024 – Discounting, risk and the environment

This Summer School covers recent theories and empirical approaches of discounting future benefits and costs, with a special focus on uncertainties surrounding environmental outcomes.

08/05/2024: LEEP Seminar Series

The LEEP Seminar Series brings together scholars from around the world to share their research in environmental, resource and energy economics on a friendly and collaborative platform.

Forthcoming Events

Location: Online

08/05/2024: LEEP Seminar Series

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Location: Washington, DC

23/05/2024: NBER’s 6th annual Environmental and Energy Policy and the Economy conference

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Location: Marseille

10-12/06/2024: AMSE Summer School 2024 – Discounting, risk and the environment

READ MORE