By Adiel Gavish
The room of homosapiens was buzzing like bees, as a diverse tribe of over 100 eco geeks, science nerds and finance dweebs met and exchanged ideas and shared interests. An enthusiastic crowd of architects, engineers, students, designers, business and finance professionals came together at Impact Hub NYC to learn more about the promise of “The #Regenerative Economy” at our seasonal BioBeers network event held Tuesday, July 22nd. In fact, more than one Impact Hub employee came up to me and exclaimed, “Wow! This is a fun crowd!”And it wasn’t just the rosé .
Can we fit the square peg of “natural capital” valuation into the round (w)hole of iterative ecosystems?
Can we really align business and nature? What exactly is a regenerative economy? And how do we know when we’ve succeeded? And finally, can we actually fit the square peg of “natural capital” valuation into the round (w)hole of iterative ecosystems?
The search for sustainable, equitable answers to our most pressing global challenges is a quest that unites us all. Once you’ve searched for so long, and realize that nature can act as a guide, you see the world in a new and thrilling light.
Biomimicry is a science which not only studies nature’s best practices in sustainable innovation and design, but delivers implementation strategies that have been time-tested and nature-approved. When we look outside, biomimics not only see a forest or the trees, we see billions of years of lessons embedded in a vertically integrated system which upycycles all of its resources. I know, crazy, right? But true!
Thank goodness we can’t commodify gravity.
The natural world has developed sustainable methodologies that can be found in every type of biome and ecosystem the world over. Janine Benyus, co-founder of Biomimicry 3.8, describes this universal foundation as “ubiquitous”. When we look to nature for answers, we find solutions that are grounded in physics, which our current economic system is designed to oppose. I mean, thank goodness we can’t commodify gravity.
The path of “business as usual” is no longer an option. There are signs of this shift in our culture today with the emergence of the “Sharing Economy” the “Circular Economy”, and the exponentially growing number of Social Enterprises which seek to do “more good” through business. Companies, especially multinationals, now think of their “stakeholders” along with their “shareholders”.
We have collectively come to this conclusion as a society – business must change in order for us to survive. Sustainability is crucial, but to be regenerative and give back from whence we take will set us on a course of meaningful contribution – in business, and in our lives. And we can do it through innovation and fun! Who knew?!