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Posted Sat Sep 5 2009: from Mongabay:
Investing in conservation could save global economy trillions of dollars annually
By investing billions in conserving natural areas now, governments could save trillions every year in ecosystem services, such as natural carbon sinks to fight climate change, according to a European report The Economics of Ecosystems and Biodiversity (TEEB). As reported by Reuters, a one time investment of 45 billion dollars in protected areas the global economy could save ecosystem services worth 4.5-5.2 trillion annually, German Environment Minister Sigmar Gabriel told reporters, adding that this was more than the value of the global car, steel and information technology sectors.
[Read more stories about: carbon sinks, economic myopia, sustainability, smart policy]
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'Doc Michael says:
That's kind of risky. I'll stick with credit default swaps.

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