Response to George Monbiot: The valuation of nature and ecosystem services is not privatization
The idea of placing a value on the environment to encourage its protection has become increasingly popular, but critics say it amounts to little more than the privatisation. We asked three experts in the field to answer this charge – here’s their response.
Up to now a forest’s value has been measured mainly in terms of the price of its wood, but the United Nations is currently turning this premise on its head by placing a price on the forest’s capacity to absorb the greenhouse gas carbon dioxide from the atmosphere.
Rio+20 Dialogues: Water scarcity under a changing climate, can forests help win the battle?
Despite recent research that has closely linked climate change and water scarcity with a rapidly rising deforestation rates, the international climate community still mainly thinks of forests in terms of their carbon storage potential rather than the critical role they play in regulating rainfall