Ökosystemleistungen

Carbon offset schemes like REDD have been a big part of the Copenhagen negotiations so far, but in practice they can go horribly wrong, reports Angela Dewan

Coral reefs around the world are worth a staggering $172 billion dollars a year to the global economy. But the wealth of the oceans' reefs, and their amazing monetary value, is on the verge of being destroyed.

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”.

There is a new wave of entrepreneurs aiming to get rich by 
saving the rainforests. Richard Lofthouse reports

Ever wanted to get rich by doing absolutely nothing? In a bizarre way that’s what a bunch of new entrepreneurs and large corporations are trying to do. The formula is ridiculously simple: buy up or lease a tract of rainforest, prop up a deckchair and watch it grow. Put a financial price on its mere existence and sell a range of ‘products’ – called ecosystem services – to polluters. If trees could hear, they’d be setting up trade unions.