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Can markets protect nature?

(05/03/2010) Over the past 30 years billions of dollars has been committed to global conservation efforts, yet forests continue to fall, largely a consequence of economic drivers, including surging global demand for food and fuel. With consumption expected to far outstrip population growth due to rising affluence in developing countries, there would seem to be little hope of slowing tropical forest loss. But some observers see new reason for optimism—chiefly a new push to make forests more valuable as living entities than chopped down for the production of timber, animal feed, biofuels, and meat. While are innumerable reasons for protecting forests—including aesthetic, cultural, spiritual, and moral—most land use decisions boil down to economics. Therefore creating economic incentives to maintaining forests is key to saving them. Leading the effort to develop markets ecosystem services is Forest Trends, a Washington D.C.-based NGO that also organizes the Katoomba group, a forum that brings together a wide variety of forest stakeholders, including the private sector, local communities, indigenous people, policymakers, international development institutions, funders, conservationists, and activists.






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