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Others were of a more challenging nature: Asset, the study of time; the Argot Venture, to set up a (still pending) space museum; even a project to test living in space.
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In this respect, activities related to the restoration of nature, natural assets, and biodiversity have now become a global concern with an estimated annual budget in excess of $A1.6 trillion − a figure that is likely to grow substantially in the near future (Merritt and Dixon, 2011).
Although some economists warned of the bubbly nature of asset prices (e.g. house prices, see Shiller, 2005), the financial crisis and the ensuing economic crisis were unforeseen. 1 We use the current economic crisis to shed light on how markups move in response to an exogenous shock in demand.
The nature-based component is attributable to a range of natural assets, including scenery and wildlife, which are the most important.
Also, as most businesses are by their nature active assetsi.e., their value is affected by the industriousness of the involved spouse or the infusion of marital or community fundsthey are, at least in part, subject to distribution upon divorce, even if owned long before the parties were ever married, or if shares or ownership were given to the worker-spouse.
But no less concerning are (1) the nature of assets being acquired and (2) the proposed terms of the deal.
It's clear that more and more people are starting to realize that protecting nature's assets is of strategic importance to our economy, our security and our well-being.
Understanding of the nature of assets and limitations, in networks and relations of support, is necessary to inform interventions to improve end of life care for lower socioeconomic populations.
These are beacons we need to follow to ensure the survival of Africa's peoples and their economically important nature-based assets", said Achim Steiner, the UN environment programme's executive director.
The nature-based assets which underpin these financial flows are also being improved, reversing decades of degradation and holding out the promise of a renewable source of wealth.
But if the world is to build the resilience of vulnerable communities to cope with climatic and other shocks, then income-generating projects that balance the needs of people with the conservation of nature-based assets will be paramount.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com