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#42: Ralph Chami (Blue Green Future) – How Much Is a Whale Worth, Dead or Alive?
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Ralph’s bio:
Ralph Chami is the CEO and Co-Founder of Blue Green Future and Rebalance Earth. He spent 25 years at the International Monetary Fund, most recently as Assistant Director, before turning his focus to valuing living nature as an asset class. His work, which puts a financial value on the ecosystem services provided by whales, elephants, seagrass, mangroves and forests, has been featured at TED, in the Financial Times, National Geographic, the New York Times, and on CNN. He is the recipient of the 2024 MadBlue Five Oceans Award and holds a PhD in Economics from Johns Hopkins University.
Timestamps:
00:01:10 - Introduction: Ralph Chami
00:02:10 - Ralph Chami sharing his early passion for music
00:04:17 - The whale encounter that changed everything “before 2017” and “after 2017”
00:05:20 - Building a model to estimate the economic value of whales’ carbon capture
00:09:30 - Fertilising, another unknown ecosystem service provided by whales
00:13:15 - How wrong incentives completely alter the true value of whales
00:16:00 - Telling the story of whales and elephants as natural assets with Fabio Bergonzi
00:18:15 - Seagrass and Carlos Duarte’s marine ecology insights
00:19:05 - More living entities that provide valuable services for free
00:22:05 - The fallacy of the current system which ignores planetary boundaries
00:24:40 - From valuing extraction to rewarding the preservation of living things
00:27:00 - Seeing the intrinsic value of nature can make for a better future
Useful Links & Resources:
Ralph Chami on LinkedIn.
Blue Green Future: Website, LinkedIn and YouTube.
Get in touch with The Ocean Age's host Fed DeGobbi on LinkedIn, X or by emailing directly at [email protected]
The Ocean Age Podcast is edited by Nebojsa Lešević. Sarah Carpenter and Giulia Leanza are our research assistants. The show notes for this episode were produced by Cecilia Bombonato.
Please send in your feedback: what do you want to hear more or less of? Any suggestions? Would love to hear what you think!
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By Fed DeGobbiSend us Fan Mail
Ralph’s bio:
Ralph Chami is the CEO and Co-Founder of Blue Green Future and Rebalance Earth. He spent 25 years at the International Monetary Fund, most recently as Assistant Director, before turning his focus to valuing living nature as an asset class. His work, which puts a financial value on the ecosystem services provided by whales, elephants, seagrass, mangroves and forests, has been featured at TED, in the Financial Times, National Geographic, the New York Times, and on CNN. He is the recipient of the 2024 MadBlue Five Oceans Award and holds a PhD in Economics from Johns Hopkins University.
Timestamps:
00:01:10 - Introduction: Ralph Chami
00:02:10 - Ralph Chami sharing his early passion for music
00:04:17 - The whale encounter that changed everything “before 2017” and “after 2017”
00:05:20 - Building a model to estimate the economic value of whales’ carbon capture
00:09:30 - Fertilising, another unknown ecosystem service provided by whales
00:13:15 - How wrong incentives completely alter the true value of whales
00:16:00 - Telling the story of whales and elephants as natural assets with Fabio Bergonzi
00:18:15 - Seagrass and Carlos Duarte’s marine ecology insights
00:19:05 - More living entities that provide valuable services for free
00:22:05 - The fallacy of the current system which ignores planetary boundaries
00:24:40 - From valuing extraction to rewarding the preservation of living things
00:27:00 - Seeing the intrinsic value of nature can make for a better future
Useful Links & Resources:
Ralph Chami on LinkedIn.
Blue Green Future: Website, LinkedIn and YouTube.
Get in touch with The Ocean Age's host Fed DeGobbi on LinkedIn, X or by emailing directly at [email protected]
The Ocean Age Podcast is edited by Nebojsa Lešević. Sarah Carpenter and Giulia Leanza are our research assistants. The show notes for this episode were produced by Cecilia Bombonato.
Please send in your feedback: what do you want to hear more or less of? Any suggestions? Would love to hear what you think!