[Workshop] Environmental economics: Valuing and financing climate action

Mongabay-India, in collaboration with the Indian Society for Ecological Economics (INSEE) is conducting a series of workshops on the intersection of journalism, environment and economics.
The third workshop in this series is scheduled on December 5, 2023 and is on valuing and financing climate action.
Journalists from across the country and South Asia can apply for this free online workshop.

Mongabay-India, in collaboration with the Indian Society for Ecological Economics (INSEE) is conducting a series of workshops on the intersection of journalism, environment and economics — “Environmental Economics for Journalists”.

Though economics plays a central role in the dynamics of environmental decision making, there is not much nuanced discussion on economics in the environment media space in India. While economics and environment form seemingly disparate beats, we feel there is a need to bridge the gap and build a body of work that incorporates economics in environmental journalism. Mongabay-India has reported several stories that connect the beats of environment and economy, as part of the series ‘Environomy’.

Mongabay-India and INSEE are teaming up to conduct four workshops in 2023-24, and we welcome journalists and copy editors to use this opportunity to enhance their understanding in this interesting subject. We encourage journalists and copy editors from across the country and South Asia to attend these workshops (Check the eligibility criteria for more details). This workshop will be conducted online and is free of charge.

Though the medium of instruction will be English, journalists and freelancers working with regional language media are also welcome to apply. After the workshop, the participants are encouraged to explore and pitch stories in different formats – text/ video/ infographics.

The Conference of Parties to the Climate Change Convention (COP28) that is set to happen in December in Dubai, will foreground the discussions on climate finance into the media and public space. Mongabay-India and the Indian Society for Ecological Economics (INSEE) bring you the opportunity to participate in the third media workshop in our series of media workshops for journalists on environmental economics.

The workshop will be led by Nilanjan Ghosh, President of INSEE and Director at the Observer Research Foundation. Titled The blues with the green money: Valuing and financing climate action, the workshop is designed to shed light on the concept of climate finance in two sessions. The first one will unravel the efficiencies and deficiencies of the environmental markets in combating climate change and the second one will look at the challenges and opportunities of financing climate action.

Session 1: The efficiencies and deficiencies of the environmental markets in combating climate change

Session 2: The challenges and opportunities of financing climate action

Speaker: Nilanjan Ghosh, Director, Observer Research Foundation
and President, Indian Society for Ecological Economics (2022-24)

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In the first session, Ghosh will explain how the price that environmental resources (ecosystem services) get from the market are less than their economic value and discuss the interventions that can make the markets efficient so they reflect the true economic value of the environmental resources.

In the second session, he will talk about the mechanisms and institutions of climate finance. He will examine the existing funding sources and their biases; the efforts to develop standard definitions within green finance; and propose recommendations mindful of social and environmental equity.

Eligibility

Journalists and copy editors covering environmental and/or developmental issues from South Asia
A basic understanding of South Asia’s environmental concerns
Prior journalistic experience (at least four years)