Table of Contents
Preface vii
1 Michelangelo’s Finger: The Pope and the Atmosphere 1
2 Marooned: The Island of Wrong Things Measured 15
3 One of a Kind: The Gamble of Rarity and Price 31
4 Art in a Box: Pricelessness Saves Detroit 39
5 Mangroves and Money: All of Nature Is an Economic Machine 55
6 The Cosmic Penthouse: Carbon Pricing, Carbon Markets 69
7 Dare to Surmount: China Joins the Marathon 103
8 Wall Street to the Rescue? Nauru May Answer 121
9 Never Another Drop: The Flow of Water Markets 151
10 Wildlife and Wonderment: The Rhino Bond 177
11 Premiums to the Coral: Coral Reef Insurance 189
12 Forests as Infrastructure: The Forest Resilience Bond 197
13 Off Limits: The Value of Do Not Touch 213
14 Infinite Value: Return to Rome 241
References 247
Acknowledgments 253
Index 255