ApocaDocs: Investing in conservation could save global economy trillions of dollars annually

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Posted Sat Sep 5 2009: from Mongabay:


	Investing in conservation could save global economy trillions of dollars annually http://apocadocs.com/s.pl?1252155577 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.