ALBA Nations Adopt Declaration Opposing Commodification of Nature

5 November 2010: The Ministerial Committee for the Defense of Nature of the Bolivarian Alliance for the Americas – Treaty of Commerce of the People (ALBA-TCP) adopted a declaration opposing the concept of "green economy," in which nature is seen as "capital" for producing tradable goods and services.

Meeting from 3-5 November 2010, in La Paz, Bolivia, ALBA-TCP members (Bolivia, Cuba, Ecuador, Nicaragua and Venezuela) declared: that nature has infinite value but not a price, and is not for sale; their absolute rejection of the privatization, monetization and mercantilization of nature; their condemnation of unsustainable models of economic growth; that ecosystem goods and services should be conserved as public goods, respecting the sovereignty of States; that only "the conscious intervention of state and society" will allow for the recuperation of Mother Earth; their hope that agreements to be reached at the Cancun Climate Change Conference will be in accordance with the principle of common but differentiated responsibilities, with no promotion of carbon market mechanisms; and their commitment to addressing the realization of a referendum on climate change and the promotion of the participation of the peoples of the world. [The Declaration]