Exploitation of Nature for Profit | Food & Water Watch
Victory! Cleveland passes resolution against antibiotic misuse on factory farms. more wins »
X

Stay Informed

Sign up for email to learn how you can protect food and water in your community.

   Please leave this field empty

I support Food & Water Watch because it is really the "watchdog" that is protecting and educating consumers one person at a time. If we each follow through with action we will change the world.
Brigid Sullivan

Exploitation of Nature for Profit

“I expect to see a globally integrated market for fresh water within 25 to 30 years. Once the spot markets for water are integrated, futures markets and other derivative water-based financial instruments — puts, calls, swaps — both exchange-traded and OTC will follow….Water as an asset class will, in my view, become eventually the single most important physical-commodity based asset class, dwarfing oil, copper, agricultural commodities and precious metals.”

– Willem Buiter, Citigroup Chief Economist

Financial interests have determined that trading money, risk and related financial products outperforms the profitability of manufacturing products or even trading goods and services. Now, they are aiming to exploit our common resources for profit.

Much lauded by the banking industry, the financialization of nature reduces the value of water and other life-giving resources to exchangeable financial instruments. But these market-based schemes are largely voluntary and entirely unregulated, representing a drastic departure from the regulation of pollution that helped clean our air and water in the latter half of the 20th century, and undermining the human right to water.

Learn More