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She has spent her life studying how human societies manage common resources such as forests, rivers, pastures or wildlife.
ECONOMIST: The Nobel prize for economics
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Countries that can prove they store carbon, such as via their forests, can sell these credits on the market to businesses that have exceeded the agreed cap on their own allowable carbon emissions.
UNESCO: The UNESCO Courier
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There are also some ecosystems, such as the boreal forests of Canada and Siberia and the Amazon rainforest, which are huge absorbers of carbon dioxide, but which are changing rapidly because of temperature increases and deforestation.
ECONOMIST: Two new satellites will monitor carbon-dioxide emissions