Biodiversity: Why Investors Should Care

By Gabriel Micheli, Senior Investment Manager at Pictet Asset ManagementThe past 30 years have seen a bigger improvement in human prosperity than all of the past centuries combined. We have built more roads, buildings and machines than ever before. More people are living longer and healthier lives and access to education has never been better. The average GDP per capita has grown 15-fold since 1820. More than 95% of newborns now make it to their 15th birthday, compared with just one in three in the 19th century.1