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The Center for Conservation Biology announces a new book, published by Island Press in April 2002:

The New Economy of Nature: The Quest to Make Conservation Profitable

Gretchen C. Daily and Katherine Ellison

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"Put together an outstanding scientist, and outstanding writer, and an outstanding idea made refreshingly compelling: the result is a lively and outstanding book. Daily and Ellison show us why conservation pays."

--Jared Diamond, author of the Pulitzer-Prize winning book Guns, Germs, and Steel: the Fates of Human Societies.

The New Economy of Nature brings together Gretchen Daily, one of the world's leading ecologists, with Katherine Ellison, a Pulitzer-prize winning journalist, to offer an engaging and informative look at a new "new economy" - one recognizing the economic value of natural systems and the potential profits in protecting them.

Through engaging stories from around the world, the authors introduce readers to a diverse group of people who are pioneering new approaches to conservation. We meet Adam Davis, an American business executive who dreams of establishing a market for buying and selling shares in environmental services such as water purification by forests and flood protection by wetlands. There's also John Wamsley, a former math professor in Australia who has found a way to play the stock market and protect native species at the same time; and Dan Janzen, a biologist working in Costa Rica who devised a controversial plan to sell a conservation area's natural waste-disposal services to a local orange juice producer.

Daily and Ellison describe the dynamic interplay of science, economics, business, and politics that is involved in establishing these new approaches and examine what will be needed to create successful models and lasting institutions for conservation.

Updated 15 March, 2005