Economist urges inclusion of nature in economic system

23 Sept 05:19 Key points summarised by AI

Professor Sir Partha Sarathi Dasgupta advocates for integrating nature, particularly biodiversity, into economic systems, asserting it is fundamental for national economic prosperity.
He emphasizes that biodiversity directly enhances productivity and provides vital ecosystem services, such as clean water and pollination, which are currently undervalued or ignored in economic models.
Dasgupta urges individuals to pressure governments to account for nature's degradation costs in economic projects and for FDI-reliant nations to incorporate these hidden environmental costs into their exports.
He stresses the critical need for public education on ecological economics to understand nature's fundamental role in human well-being and prevent irreversible environmental harm for future generations.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.