Endangered Wildlife Should Pay for Its Own Protection

2022-01-04, 1:09pm Wildlife

erik-meijaard-959848a198b493c64b6410bd32602c921641280147.jpg

Erik Meijaard

by Jonathan Ledgard, Erik Meijaard

PRAGUE/NAIROBI – It will soon be possible to give a digital identity to individual wild animals whose species are at risk of extinction. Currently, these animals’ only economic value is that of their processed body parts. Giving them a digital wallet linked to their identity and the ability to spend money on their own protection could improve their lives and increase their chances of survival. 

The Great Apes, including gorillas, chimpanzees, and bonobos, are ideal early candidates for an “Inter species Money” approach. Only 700,000 of our closest evolutionary cousins survive and their numbers are in steep decline: picture a population equivalent to Washington, DC, scattered in forests along dirt roads or at the edge of thousands of isolated, poor, and fast-growing villages. Humans and Great Apes have not lived well together in the industrial era, but we can do better in the post-industrial age. 

We propose starting with orangutans. Only 120,000 of these intelligent red apes remain alive in their forest habitats of Sumatra and Borneo. Although $1 billion has been spent protecting them since 2000, more than 100,000 have been lost to deforestation, harassment, and killing over the same period. The situation could have been worse – some 135,000 orangutans would have died without the conservation efforts – but the investments can hardly be claimed as successful. 

The conservation logic for orangutans is simple enough. The apes share the forest with people who make their living from the cultivation of crops and forest products. Both like the same products. Conflicts arise. Asking forest people to put up with their orangutan neighbors isn’t enough. They need to know that it is profitable for them to do so. But little conservation money reaches the front line where it can have the greatest effect. 

This is where technology offers new possibilities for truer stewardship of nonhuman life on Earth. On the hardware side, a Cambrian explosion of computation, data storage, smartphones, cameras, sensors, drones, ground robots, satellites, and genomics is allowing us to track nature in higher definition at lower cost. On the software side, advances in artificial intelligence, metaverse-building gaming platforms, and distributed crypto and blockchain governance solutions will enable us to represent other species online in entirely novel ways. 

There is plenty of money in cryptocurrencies available to prove a new “tokenomics” for nature; crypto innovators are astonishingly successful at creating digital scarcity that accrues in value. It is inevitable that the living scarcity of endangered species will become an asset class for those holding cryptocurrencies. The question is how to approach this in a way that is useful for the species and for the people looking after them. 

We plan to endow the first digital wallets for orangutans with the proceeds of the sale of related non-fungible tokens (NFTs). Every wallet will have scientists and other signatories charged with making decisions in the interests of the orangutan. Over time, the process will become “Schrödingerian”: a wallet will be created when an ape is reliably observed for the first time. Inter species Money will be paid to people from funds in the wallets for adhering to simple and verifiable rules. These rules will be set by the orangutans (or more exactly the human and computational proxies representing their needs). These could include such tasks as “observe me over time,” “leave my tree alone,” and “don’t kill me.” 

Current conservation spending amounts to $1.30 a day per wild orangutan. We think $1 a day into an orangutan wallet would be transformative in most situations. Four hundred dollars a year is more than a child in the surrounding communities can expect in development assistance, but the orangutans’ survival is so precarious that this imbalance may be justified. Moreover, because Inter species Money explicitly links nonhuman animals to human stewards, much of the money in the orangutan wallets will be passed along to farmers and their children as payment for gathering data or compensation for crop damage. 

If Inters pecies Money can be made to work for orangutans, it can work for other Great Apes, not least the western lowland gorilla, which is consumed as bush meat in the Congo forest. And other early species to receive Inter species Money could include dugongs, giraffes, and orcas. From charismatic mammals, Inter species Money has the potential to advance to trees, birds, and even insect and microbial populations. A digital currency for other species, operated like a central bank for biodiversity, may emerge. Separately, NFTs of rare species could constitute a store of value that endows such an institution. 

The threats to the Great Apes remind us of our lack of ambition when it comes to protecting other species more broadly. With growing human populations, apes can survive only if people agree to live peacefully alongside them. Paying the poorest people living next to the richest biodiversity in a clear and constant way is one step toward achieving that. 

Copyright: Project Syndicate, 2021.

www.project-syndicate.org