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Without proper valuation, natural assets’ scarcity remains economically invisible, leading to their exploitation for short-term gains.
Pseudo-panel methods using repeated cross-sectional surveys, which are less costly and easier to do, may offer a solution to this problem.
Crises like a pandemic underscore the importance of alternative sources of high-quality and timely data in developing effective measures.
Increased availability of data and computing power have made it possible to set parameters beforehand that will trigger insurance coverage for a variety of risks.