Pavan Sukhdev, Managing Director & Head of Global Markets, Deutsche Bank India and Director of Green India States Trust (GIST), discusses what 9 per cent growth GDP really means for India. He argues that a different measure is needed; the net increase of wealth (natural capital, human capital and physical or financial capital).

A recording of a Tomorrow's Company event on the economics of ecosystems and biodiversity including an introduction by Tony Manwaring, Chief Executive of Tomorrow's Company, and speakers Pavan Sukhdev (of Deutsche Bank and the Green Indian States Trust (GIST)) and Herman Mulder (former Head of Risk at ABN AMRO). Pavan is the study leader for TEEB, a project emerging from out a discussion at the meeting of G8+5 environment ministers in 2007. In his eye opening presentation he details a compelling economic case for the conservation of biodiversity. Herman Mulder then describes from his own personal experience how the economics of biodiversity could be embraced by business for recognising potential risks, externalities and new opportunities. You can listen to an interview with Herman here.Read Aditi Mehta's blog on the event here.

This recording is taken from the 2009 Tomorrow's Company Parliamentary Reception a the House of Lords. Speaking at the event were C.S. Kiang, Chairman of Peking University Environment Fund and a Council member of the World Future Council, Rajeev Dubey, Member of the Group Management Board of Mahindra & Mahindra Ltd,  as well as Tony Manwaring and Mark Goyder of Tomorrow's Company and Lord Haskell, who kindly hosted the event. Through two fascinating and complimentary speeches, Rajeev and C.S. provided a fresh understanding of the challenges facing the new world economy and the opportunities to create value through achieving sustainability.