Opinion: Financing Nature: Why Biodiversity Investment Matters for Central Asia

Just imagine: only 50 years ago, wildlife was far more abundant across many of the world’s forests, grasslands, rivers, and seas. According to the World Wide Fund for Nature’s Living Planet Report 2024, the average size of monitored vertebrate populations fell by 73% between 1970 and 2020, based on data from almost 35,000 populations worldwide. That extraordinary decline has taken place within a single human lifetime. We are used to treating this as an environmental statistic, a sad fact trotted out in a nature documentary to which we have little emotional connection. Seen this way, we miss a vital truth: food, agriculture, construction, and forestry all depend immensely on natural systems. Pollination, water filtration, soil fertility, and flood control are among the functions that biodiversity provides for us. When that infrastructure fails, the economy built on top of it becomes more expensive, then less reliable, and eventually, in some places, unworkable. Emergency Room Most of what passes for environmental action today is triage. A river floods a city that paved over its wetlands, and engineers are called in to build higher walls. A heat wave kills crops, and governments subsidize irrigation for farmland that used to be forest. A fishery collapses, and the response is a moratorium, arriving years after the fish are already gone. This is the pattern across almost every domain of environmental policy: we manage consequences with enormous expense, and we manage causes almost as an afterthought. It is also the least efficient way to run a planet. Treating a symptom after it has metastasized costs orders of magnitude more than preventing it, financially as much as ecologically. Some of this triage is now unavoidable. The carbon already in the atmosphere will continue influencing the climate for years regardless of what we do next, while a great deal of the damage caused by air pollution is already locked in and can only be managed, not undone. These are debts we are stuck repaying. Biodiversity is often different because it is still substantially in our hands. A species pushed to the edge can, with sustained effort, be pulled back from it. A degraded watershed can, over a generation, recover its function. In Kazakhstan, recent estimates place the snow leopard population at between 152 and 189 animals, close to levels last recorded in the 1980s. The recovery has been associated with sustained monitoring and habitat protection. It demonstrates that when species and ecosystems are effectively managed and adequately protected, conservation measures can deliver tangible results by maintaining biodiversity and helping threatened species recover. That kind of recovery is rare in climate policy. This disconnect risks creating dangerous trade-offs. We cannot decarbonize an economy while continuing to bulldoze the ecosystems around it. An electric vehicle removes tailpipe emissions from a city street, and that is real progress. But it also requires critical minerals such as lithium, copper, nickel, and cobalt, whose extraction can carry substantial environmental costs. None of this is a criticism of electric vehicles. It is a reminder...