‘Let's Go to the Land Instead’: Indigenous Perspectives on Biodiversity and the Possibilities of Regenerative Capital

Abstract The land has been a source of capital accumulation since colonization through extractive activities like mining and industrial agriculture. Indigenous peoples have profoundly different relationships with the land, which are more relational than extractive. However, their knowledge has been subjugated by and systematically excluded from Western conservation policies, which are based on colonial modes of control. We begin to address this issue by elaborating on a community‐based participatory project, namely a Conservation Impact Bond (CIB), developed in Canada with Deshkan Ziibiing. This CIB was unique since it combined Indigenous and Western knowledges and aimed at restoring ecosystems by building relationships of kinship between peoples and the land. Based on our findings, we propose a Two‐Eyed Seeing relationship‐building process model – a multi‐stakeholder initiative (MSI) incorporating Indigenous and Western knowledges. We discuss the implications of our findings for mobilizing capital to serve collective rather than private interests while promoting Indigenous resurgence and land regeneration. We suggest shifting from extractive to regenerative capital is necessary to address the climate and biodiversity loss crises. This transformation could be achieved by embracing a relational ontology through Two‐Eyed Seeing.