Oxford University economist Alex Teytelboym sets out a new approach to scaling investment in nature recovery. At a time of urgent need for private finance to pick up the heavy lifting in nature recovery, Alex explains why existing market designs such as carbon and Biodiversity Net Gain are not sufficient to scale investment in nature, and uses an innovative case study to demonstrate how a different, auction based approach, could scale and enable investment. Alex is in conversation with Emily Norton, AFN Network+ Policy Champion, and natural capital markets expert.