Ecosystem services

PARIS (AFP) – Investing billions today to protect threatened ecosystems and dwindling biodiversity would reap trillions in savings over the long haul, according to a UN-backed report issued Friday.

This fall, professionals in PES and REDD are headed south. From across the globe practitioners and policymakers in environmental markets are booking flights to Colombia, Costa Rica, Argentina, Bolivia, and Mexico to discuss the future of our world's ecosystems. In several cases, this is the first time that Latin America is serving as host to these international conferences on environmental markets. With a strengthening regional economy and four out of five of the world's most bio-diverse countries, Latin America is becoming a major player in REDD and PES.

A MOST unusual document landed on your correspondent’s desk recently: a financial report from a rainforest. Iwokrama, a 370,000-hectare rainforest in central Guyana, announced that it was in profit. It added, more intriguingly, that rainforests had entered the “global economy”.