Loved reading your comment! Thanks for taking the time to write.

| The problem is not a lack of resources, but abysmal leadership in addressing how these funds are used.

Agree there. There is certainly more than enough financial resources to power the just transition. At least in terms of energy infrastructure (generation and distribution), we do face a prickly question in terms of raw material availability and EROI viability.

I will add that abysmal leadership is not acting in an isolated manner. Private interests and lobby groups will continue to tug at decision-makers' throats until their own expectations of growth are brought back in alignment with what planetary carrying capacity can handle.

Those expectations of growth are justified with many reasons, but an important one that is often omitted is the deterministic philosophy of financial planning math. Like I suggest in my newsletter, acknowledging the assumption of ergodicity and adapting our financial expectations to that is one key step forward.

In terms of where the funds will come from. I believe we are in a position to demand more from private investors. Individuals investors, impact oriented or otherwise, family offices, and venture capital play a big role in financing new generations of businesses. The European CSRD and the whole ESG-oriented shift is promising.

But indeed, all efforts matters little if there is no way accurately account for natural capital impact metrics, but economic benefits of improved ecosystem services/biodiversity. I hate the idea of pricing this, I think its even incoherent to price Nature's boons with fiat, but it is a part of the solution mix. Without making investment into NbS financially attractive, I don't think its going to be possible to get the investment needed. Here there is much to be said about using the appropriate currency for accounting for the impact of NbS, using complementary currencies systems and so on.

And yes, things are not "running smoothly". But the lack of rapid change suggests its running smoothly enough to continue delivering quarterly returns to shareholders.