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News articles on economics

Mongabay.com news articles on economics in blog format. Updated regularly.








What does Nature give us? A special Earth Day article

(04/22/2011) There is no question that Earth has been a giving planet. Everything humans have needed to survive, and thrive, was provided by the natural world around us: food, water, medicine, materials for shelter, and even natural cycles such as climate and nutrients. Scientists have come to term such gifts 'ecosystem services', however the recognition of such services goes back thousands of years, and perhaps even farther if one accepts the caves paintings at Lascaux as evidence. Yet we have so disconnected ourselves from the natural world that it is easy—and often convenient—to forget that nature remains as giving as ever, even as it vanishes bit-by-bit. The rise of technology and industry may have distanced us superficially from nature, but it has not changed our reliance on the natural world: most of what we use and consume on a daily basis remains the product of multitudes of interactions within nature, and many of those interactions are imperiled. Beyond such physical goods, the natural world provides less tangible, but just as important, gifts in terms of beauty, art, and spirituality.


Scientists urge Papua New Guinea to declare moratorium on massive forest clearing

(04/19/2011) Forests spanning an area larger than Costa Rica—5.6 million hectares (13.8 million acres)—have been handed out by the Papua New Guinea government to foreign corporations, largely for logging. Granted under government agreements known as Special Agricultural and Business Leases (SABLs), the land leases circumvent the nation's strong laws pertaining to communal land ownership. Now, the Association for Tropical Biology and Conservation (ATBC), the world's largest professional society devoted to studying and conserving tropical forests, is urging the Papua New Guinea government to declare a moratorium on SABLs.


From the Serengeti to Lake Natron: is the Tanzanian government aiming to destroy its wildlife and lands?

(04/14/2011) What's happening in Tanzania? This is a question making the rounds in conservation and environmental circles. Why is a nation that has so much invested in its wild lands and wild animals willing to pursue projects that appear destined not only to wreak havoc on the East African nation's world-famous wildlife and ecosystems, but to cripple its economically-important tourism industry? The most well known example is the proposed road bisecting Serengeti National Park, which scientists, conservationists, the UN, and foreign governments alike have condemned. But there are other concerns among conservationists, including the fast-tracking of soda ash mining in East Africa's most important breeding ground for millions of lesser flamingo, and the recent announcement to nullify an application for UNESCO Heritage Status for a portion of Tanzania's Eastern Arc Mountains, a threatened forest rich in species found no-where else. According to President Jakaya Kikwete, Tanzania is simply trying to provide for its poorest citizens (such as communities near the Serengeti and the Eastern Arc Mountains) while pursuing western-style industrial development.


Election cycle linked to deforestation rate in Indonesia

(04/14/2011) Increased fragmentation of political jurisdictions and the election cycle contribute to Indonesia's high deforestation rate according to analysis published by researchers at the London School of Economics (LSE), the Massachusetts Institute of Technology (MIT), and South Dakota State University (SDSU). The research confirms the observation that Indonesian politicians in forest-rich districts seem repay their election debts by granting forest concessions.


Indonesia can meet low carbon goals without sacrificing economic growth, says UK report

(04/14/2011) Indonesia can meet its low carbon development goals without sacrificing economic growth, reports an assessment commissioned by the British government.


Vanishing mangroves are carbon sequestration powerhouses

(04/05/2011) Mangroves may be the world's most carbon rich forests, according to a new study in Nature Geoscience. Measuring the carbon stored in 25 mangrove forests in the Indo-Pacific region, researchers found that mangroves forests stored up to four times as much carbon as other tropical forests, including rainforests. "Mangroves have long been known as extremely productive ecosystems that cycle carbon quickly, but until now there had been no estimate of how much carbon resides in these systems. That's essential information because when land-use change occurs, much of that standing carbon stock can be released to the atmosphere," explains co-author Daniel Donato, a postdoctoral research ecologist at the Pacific Southwest Research Station in Hilo, Hawaii.


Bats worth billions

(04/03/2011) US agriculture stands to lose billions in free ecosystem services from the often-feared and rarely respected humble bat. According to a recent study in Science bats in North America provide the US agricultural industry at least $3.7 billion and up to a staggering $53 billion a year by eating mounds of potentially pesky insects. Yet these bats, and their economic services, are under threat by a perplexing disease known as white-nose syndrome (WNS) and to a lesser extent wind turbines.


Sustainability takes only cents

(03/30/2011) Real economic global results from decoupling economic growth from unsustainable natural resource management and inefficient industrial processes are the central themes of Cents and Sustainability. Implementing wealth creation strategies at the local, national, and international level is the primary economic theme, or modus operandi, of the 21st Century, as opposed to 20th Century wealth appropriation strategies. This begets the question do concrete auditable examples of wealth creation while sustainably managing natural resources at the national level exist?


Clean energy investments rise 630% in 7 years

(03/29/2011) According to a report by the US Pew Environment Group global clean energy investments, which do not include nuclear power, jumped 630% since 2004. The report detailing 2010 clean energy investments found that China remains the global leader in clean energy, while the US fell from 2nd to 3rd. This is the second year in a row that the US fell: in 2009 it lost first place to China. In all $243 billion were invested in clean energy in 2010.


New land snail invading Singapore requires swift action

(03/28/2011) An African land snail Limicolaria flammea has been discovered by researchers in six locations in Singapore, perhaps heralding a new invasion of alien land snails in Southeast Asia. Although snails may seem largely innocuous creatures, past invasions have resulted in agricultural and economic damage. The global invasion of the giant African land snail (Achatina fulica) has been called one of the world's top 100 worst alien species. Writing in mongabay.com's open access journal Tropical Conservation Science, researchers examine the issue and provide suggestions as to how Singapore authorities can quickly rid the nation of Limicolaria flammea.


Environmental sustainability—the new economic bottom line

(03/28/2011) That’s the message in Accounting for Sustainability: Practical Insights. The book represents the compilation of a five-year project—nicknamed “A4S”—sponsored by Prince Charles, Prince of Wales, that examined the feasibility of factoring industries’ impact on the environment into their economic spread sheets. Using case studies and interviews with leaders at major accounting firms, Accounting For Sustainability documents the bond between capitalism and environmental capital.


5 million hectares of Papua New Guinea forests handed to foreign corporations

(03/23/2011) During a meeting in March 2011 twenty-six experts—from biologists to social scientists to NGO staff—crafted a statement calling on the Papua New Guinea government to stop granting Special Agricultural and Business Leases. According to the group, these leases, or SABLs as they are know, circumvent Papua New Guinea's strong community land rights laws and imperil some of the world's most intact rainforests. To date 5.6 million hectares (13.8 million acres) of forest have been leased under SABLs, an area larger than all of Costa Rica. "Papua New Guinea is among the most biologically and culturally diverse nations on Earth. [The country's] remarkable diversity of cultural groups rely intimately on their traditional lands and forests in order to meet their needs for farming plots, forest goods, wild game, traditional and religious sites, and many other goods and services," reads the statement, dubbed the Cairns Declaration. However, according to the declaration all of this is threatened by the Papua New Guinea government using SABLs to grant large sections of land without going through the proper channels.


Report: corruption in Sarawak led to widespread deforestation, violations of indigenous rights

(03/10/2011) At the end of this month it will be 30 years since Abdul Taib Mahmud came to power in the Malaysian state of Sarawak. Environmentalists are using the occasion, along with new revelations, to highlight corruption and nepotism they say have characterized his regime. Chief Minister Taib and his decades-long administration are no strangers to such allegations, but a new report from the indigenous-rights group Bruno Manser Fund (BMF)—amid criticism from independent media sources, such as Sarawak Report and Radio Free Sarawak—are adding fuel to the fire. Most recently, the report describes in great detail how the tropical timber trade in Sarawak has undercut indigenous groups while toppling some of the world's greatest rainforests, all at the expense of the Sarawak people.


Food prices hit new record high—again

(03/03/2011) Food prices in February hit a new record, breaking the previous one set in January and continuing an eight-month streak of rising prices, according to the Food and Agriculture Organization (FAO). Experts fear that rising food prices could lead to another food crisis similar to that of 2007-2008.


2% GDP could turn global economy green

(02/21/2011) Investing around $1.3 trillion, which represents about 2% of the world's gross domestic product (GDP), into ten sectors could move the world economy from fossil-fuel dependent toward a low carbon economy, according to report by the UN Environment Program (UNEP). In addition, the investments would alleviate global poverty and keep stagnating economies humming, while cutting humanity's global ecological footprint nearly in half by 2050 even in the face of rising populations.


Coal's true cost in the US: up to half a trillion

(02/20/2011) According to the global market coal is cheap, yet a new study in the Annals of the New York Academy of Sciences finds that the hidden costs of coal are expensive, very expensive. Estimating the hidden costs of coal, such as health and environmental impacts, the study found that burning coal costs the US up to $523 billion a year. Dubbed 'externalities' by economists, the paper argues that these costs are paid by the American public to the tune of $1,698 per person every year.


Environmentalists and locals win fight against coal plant in Borneo

(02/16/2011) Environmentalists, scientists, and locals have won the battle against a controversial coal plant in the Malaysian state of Sabah in northern Borneo. The State and Federal government announced today that they would "pursue other alternative sources of energy, namely gas, to meet Sabah's power supply needs." Proposed for an undeveloped beach on the north-eastern coast of Borneo, critics said the coal plant would have threatened the Coral Triangle, one of the world's most biodiverse marine ecosystems, and Tabin Wildlife Reserve, home to Critically Endangered Sumatran rhinos and Bornean orangutans. Local fishermen feared that discharges from the plant would have imperiled their livelihood.


Selling the Forests that Saved Britain

(02/15/2011) I confess that British Prime Minister David Cameron’s proposal to auction off all 650,000 acres of England’s national forests to the highest bidder came as a bit of a shock to me – especially as the contained such world-famous national treasures as Robin Hood’s Sherwood Forest, the Forest of Dean and the New Forest. Although warned by my Irish mother that Tories can never be trusted, Mr. Cameron’s passionate pledge to deliver the “greenest government ever” seemed sincere, especially given his ambitious plans to cut Britain’s pollution. Anyway, even if he turned out to be as slippery as his predecessors, his deep green Liberal Democratic coalition partners would, I thought, keep the planet high on his priority list.


Rhino horn price matches cocaine

(02/13/2011) As a rhino poaching epidemic continues throughout Africa and Asia, the price of rhino horn has matched cocaine, according to the UK's Daily Mirror. The price of illegal powdered rhino horn—obtained by killing wild rhinos and sawing off their horns—has hit £31,000 per kilo or nearly $50,000 per kilo. The price has already topped that of gold.


As South Sudan eyes independence, will it choose choose to protect its wildlife?

(02/11/2011) After the people of South Sudan have voted overwhelmingly for independence, the work of building a nation begins. Set to become the world's newest country on July 9th of this year, one of many tasks facing the nation's nascent leaders is the conservation of its stunning wildlife. In 2007, following two decades of brutal civil war, the Wildlife Conservation Society (WCS) surveyed South Sudan. What they found surprised everyone: 1.3 million white-eared kob, tiang (or topi) antelope and Mongalla gazelle still roamed the plains, making up the world's second largest migration after the Serengeti. The civil war had not, as expected, largely diminished the Sudan's great wildernesses, which are also inhabited by buffalo, giraffe, lion, bongo, chimpanzee, and some 8,000 elephants. However, with new nationhood comes tough decisions and new pressures. Multi-national companies seeking to exploit the nation's vast natural resources are expected to arrive in South Sudan, tempting them with promises of development and economic growth, promises that have proven uneven at best across Africa.


Prince Charles: 'direct relationship' between ecosystems and the economy

(02/09/2011) At an EU meeting in Brussels, dubbed the Low Carbon Prosperity Summit, the UK's Prince Charles made the case that without healthy ecosystems, the global economy will suffer.


The ocean crisis: hope in troubled waters, an interview with Carl Safina

(02/07/2011) Being compared—by more than one reviewer—to Henry Thoreau and Rachel Carson would make any nature writer's day. But add in effusive reviews that compare one to a jazz musician, Ernest Hemingway, and Charles Darwin, and you have a sense of the praise heaped on Carl Safina for his newest work, The View from Lazy Point: A Natural Year in an Unnatural World. Like Safina's other books, The View from Lazy Point focuses on the beauty, poetry, and crisis of the world's oceans and its hundreds-of-thousands of unique inhabitants. Taking the reader on a journey around the world—the Arctic, Antarctic, and the tropics—Safina always returns home to take in the view, and write about the wildlife of his home, i.e. Lazy Point, on Long Island. While Safina's newest book addresses the many ways in which the ocean is being degraded, depleted, and ultimately imperiled as a living ecosystem (such as overfishing and climate change) it also tweezes out stories of hope by focusing on how single animals survive, and in turn how nature survives in an increasingly human world. However, what makes Safina's work different than most nature writing is his ability to move seamlessly from contemporary practical problems to the age-old philosophical underpinnings that got us here. By doing so, he points a way forward.


'Land grab' fears in Africa legitimate

(01/31/2011) A new report by the International Institute for Environment and Development (IIED) has found that recent large-scale land deals in Africa are likely to provide scant benefit to some of the world's poorest and most famine-prone nations and will probably create new social and environmental problems. Analyzing 12 recent land leasing contracts investigators found a number of concerns, including contracts that are only a few pages long, exclusion of local people, and in one case actually giving land away for free. Many of the contracts last for 100 years, threatening to separate local communities from the land they live on indefinitely. "Most contracts for large-scale land deals in Africa are negotiated in secret," explains report author Lorenzo Cotula in a press release. "Only rarely do local landholders have a say in those negotiations and few contracts are publicly available after they have been signed."


Does chopping down rainforests for pulp and paper help alleviate poverty in Indonesia?

(01/13/2011) Over the past several years, Asia Pulp & Paper has engaged in a marketing campaign to represent its operations in Sumatra as socially and environmentally sustainable. APP and its agents maintain that industrial pulp and paper production — as practiced in Sumatra — does not result in deforestation, is carbon neutral, helps protect wildlife, and alleviates poverty. While a series of analyses and reports have shown most of these assertions to be false, the final claim has largely not been contested. But is conversion of lowland rainforests for pulp and paper really in Indonesia's best economic interest?


With REDD, could financial markets become species' extinction risk?

(01/06/2011) The emergence of a Reducing Emissions from Deforestation and Degradation (REDD) mechanism for protecting forests could introduce new risks for biodiversity by linking conservation finance to exotic financial derivatives, warn researchers writing in the journal Conservation Letters. Jacob Phelps, Edward L. Webb, and Lian P. Koh argue that REDD could effectively link the fate of some species to the short-term whims of the carbon market. Conservation projects funded primarily by REDD are most at risk of being undermined by declining in carbon prices or changing investor preference. The authors add that the short-term nature of REDD—which is seen as a stop gap measure of at most 30 years—may fail deliver benefits over the time-scale need to safeguard biodiversity.


US most vulnerable to climate change among world's wealthy nations

(12/06/2010) While the US has done little to mitigate climate change, a new report by humanitarian research organization DARA and the Climate Vulnerable Forum states that of all industrialized nations the US will face the most harm from a warming world. Together with Spain, the US's vulnerability to climate change has been listed as High by the newly released Climate Vulnerability Monitor.


'Environmental and social aggression': oil exploration threatens award-winning marine protected area

(12/01/2010) The Seaflower Marine Protected Area (MPA), which recently won top honors at the Convention on Biological Diversity (CBD) in Japan, is now under threat by planned oil exploration in the region, according to the Providence Foundation which is devoted to protecting the area. Proposed blocs for exploration by the Colombian government lie in the North Cays adjacent to the park, and perhaps even inside MPA boundaries. Spreading over 65,000 square kilometers (6.5 million hectares), Seaflower MPA lies within the Colombian Caribbean department known as the Archipelago of San Andres, Old Providence and Santa Catalina. This richly diverse Archipelago is home to a known 57 coral species, over 400 fish, and some 150 birds, as well as the ethnic and cultural minority: the Raizal people. The prospect of massive infrastructure or, even worse, oil spills in the area could devastate the park and locals' livelihoods.


Study: REDD could save species from extinction, if well-funded

(12/01/2010) The burgeoning global program REDD+ (Reduced Emissions from Deforestation and Forest Degradation) could do more than mitigate climate change, according to a new study in Conservation Letters by scientists with Conservation International (CI). Analyzing a sample of 2,500 forest animals, including mammals, birds and amphibians, researchers found that REDD+ could reduce the rate of extinction among these species by 46-82% over five years. The wide range in the study's findings depends on the amount of funds devoted to REDD+: more funds means greater forest preservation and, thereby, less extinction.


Leading model undervalues true cost of reducing deforestation, says report

(11/25/2010) A widely used representation of greenhouse gas emissions abatement costs doesn't reflect the true costs of forest conservation, making the proposed reducing emissions from deforestation and degradation (REDD) mechanism seem cheaper than it actually is, argues a new report from the Rainforest Foundation UK.


Oil, indigenous people, and Ecuador's big idea

(11/23/2010) Ecuador's big idea—potentially Earth-rattling—goes something like this: the international community pays the small South American nation not to drill for nearly a billion barrels of oil in a massive block of Yasuni National Park. While Ecuador receives hundred of millions in an UN-backed fund, what does the international community receive? Arguably the world's most biodiverse rainforest is saved from oil extraction, two indigenous tribes' requests to be left uncontacted are respected, and some 400 million metric tons of CO2 is not emitted from burning the oil. In other words, the international community is being asked to put money where its mouth is on climate change, indigenous rights, and biodiversity loss. David Romo Vallejo, professor at the University of San Francisco Quito and co-director of Tiputini research station in Yasuni, recently told mongabay.com in an interview that this is "the best proposal so far made to ensure the protection of this incredible site."


Rebuttal: Slaughtering farmed-raised tigers won't save tigers

(11/18/2010) A recent interview with Kirsten Conrad on how legalizing the tiger trade could possibly save wild tigers sparked off some heated reactions, ranging from well-thought out to deeply emotional. While, we at mongabay.com were not at all surprised by this, we felt it was a good idea to allow a critic of tiger-farming and legalizing the trade to officially respond. The issue of tiger conservation is especially relevant as government officials from tiger range states and conservationists from around the world are arriving in St. Petersburg to attend next week's World Bank 'Tiger Summit'. The summit hopes to reach an agreement on a last-ditch effort to save the world's largest cat from extinction.


UN warns of likely food crisis next year for world's poor

(11/17/2010) The Food and Agricultural Organization (FAO) warns in a new report that next year could see a rise in food prices, especially imperiling the world's poor. The report predicts that food prices will jump 11% for the world's poorest nations and 20% for low-income food-deficit countries. Already, the UN estimates that 1 billion people in the world suffer from hunger, the highest number in history.


Ecotourism brings home the bacon in the Peruvian Amazon

(11/15/2010) Ecotourism is one of the most profitable uses of tropical forest in the Tambopata area of the Peruvian Amazon, according to a study released on 29 September in the journal PLoS ONE. In 2002 Peru’s government passed legislation to allow ecotourism-controlled zones in the Tambopata region of southeastern Peru. Policymakers hoped such zones would preserve spectacular rainforest habitats while bringing in steady money. Critics have wondered, though, whether the strategy can succeed in the face of other profitable―yet destructive―ventures on pristine forested land.


Would legalizing the trade in tiger parts save the tiger?

(11/15/2010) Just the mention of the idea is enough to send shivers down many tiger conservationists' spines: re-legalize the trade in tiger parts. The trade has been largely illegal since 1975 under the Convention on International Trade in Endangered Species (CITES). The concept was, of course, a reasonable one: if we ban killing tigers for traditional medicine and decorative items worldwide then poaching will stop, the trade will dry up, and tigers will be saved. But 35 years later that has not happened—far from it. "Words such as 'collapse' are now being used to describe the [tiger's] situation both in terms of population and habitat. Wild tiger numbers continue to drop so that we have about 3,500 today across 13 range states occupying just 7% of their original habitat. It’s universally acknowledged that we’re losing the battle," Kirsten Conrad, tiger conservation expert, told mongabay.com in a recent interview.


It's not just size that matters: how population affects climate change

(11/11/2010) As the world's population increases, a surge in the number of older adults and the movement of people from the countryside to crowded cities will significantly affect levels of carbon dioxide emissions by 2050, according to a sweeping study published in the 11 October issue of the Proceedings of the National Academy of Sciences. A significant but attainable slowing of the planet's growing population could achieve up to 29 percent of the total decrease in emissions needed to stave off the harmful consequences of climate change by 2050, according to the study.


Will biodiversity agreement save life on Earth?

(11/07/2010) On Friday, October 29th, 193 member nations of the Convention on Biological Diversity (CBD) reached a possibly landmark agreement on saving the world's suffering biodiversity in Nagoya, Japan. The agreement was especially notable after nations failed—by all accounts—to live up to the goals from the previous CBD agreement, including stemming the global loss of biodiversity by 2010. According to scientists, the world's species continue to vanish at mass-extinction rates due to habitat loss, deforestation, overconsumption, pollution, climate change, and invasive species. To addresses this crisis the new CBD agreement sets out 20 goals for 2020. But given the global challenges in saving the world's species and the lack-of-teeth in agreement (it is strictly voluntary), will the CBD make a difference or in ten years time will goals be again unmet and life on planet Earth worse off than ever? To answer this mongabay.com turned to a number of experts in the conservation world.


Tropical agriculture "double-whammy": high emissions, low yields

(11/02/2010) Food produced in the tropics comes with high carbon emissions and low crop yields, according to a new study in the Proceedings of the National Academy of Sciences (PNAS). In the most comprehensive and detailed study to date looking at carbon emissions versus crop yields, researchers found that food produced in the tropics releases almost double the amount of carbon while producing half the yield as food produced in temperate regions. In other words, temperate food production is three times more efficient in terms of yield and carbon emissions.


Harrison Ford chides US for spurning international biodiversity treaty

(10/28/2010) In a speech in Nagoya, Japan at the UN's Convention for Biological Diversity (CBD) actor and conservationist, Harrison Ford, called on delegates to put aside differences and adopt a strong treaty to protect biodiversity. As a US citizen, he also urged his country to become a full signatory of the CBD. "The time has come for the United States to step up to the plate. The problem is so big and the time is so short, we have no choice. We have to act and we have to act now," said Ford.


Undergrads in the Amazon: American students witness beauty and crisis in Yasuni National Park, Ecuador

(10/28/2010) Although most Americans have likely seen photos and videos of the world's largest rainforest, the Amazon, they will probably never see it face-to-face. For many, the Amazon seems incredibly remote: it is a dim, mysterious place, a jungle surfeit in adventure and beauty—but not a place to take a family vacation or spend a honeymoon. This means that the destruction of the Amazon, like the rainforest itself, also appears distant when seen from Oregon or North Carolina or Pennsylvania. Oil spills in Ecuador, cattle ranching in Brazil, hydroelectric dams in Peru: these issues are low, if not non-existent, for most Americans. But a visit to the Amazon changes all that. This was recently confirmed to me when I traveled with American college students during a trip to far-flung Yasuni National Park in Ecuador. As a part of a study abroad program with the University of San Francisco in Quito and the Galapagos Academic Institute for the Arts and Sciences (GAIAS), these students spend a semester studying ecology and environmental issues in Ecuador, including a first-time visit to the Amazon rainforest at Tiputini Biodiversity Station in Yasuni—and our trips just happened to overlap.


Foreign corporations devastating Papua New Guinea rainforests

(10/21/2010) A letter in Nature from seven top scientists warns that Papua New Guinea's accessible forest will be lost or heavily logged in just ten to twenty years if swift action isn't taken. A potent mix of poor governance, corruption, and corporate disregard is leading to the rapid loss of Papua New Guinea's much-heralded rainforests, home to a vast array of species found no-where else in the world. "Papua New Guinea has some of the world's most biologically and culturally rich forests, and they’re vanishing before our eyes," author William Laurance of James Cook University in Cairns, Australia, said in a statement.


Jackpot: how international community could raise $141 billion for biodiversity

(10/20/2010) Leaders from around the world meeting in Nahoya, Japan for the Convention on Biological Diversity (CBD) to discuss solutions to stem the current mass extinction crisis may be in need of a little book: The Little Biodiversity Finance Book. While a recent report by The Economics of Ecosystems and Biodiversity (TEEB) found that degradation of ecosystems—including biodiversity loss—was costing the global economy $2-5 trillion annually, one of the primary threats to wildlife around the world is simply a lack of funds to enact program. But The Little Biodiversity Finance Book says that with the right policy initiatives the burgeoning ecosystem market could be worth $141 billion by 2020.


Humanity consuming the Earth: by 2030 we'll need two planets

(10/13/2010) Too many people consuming too much is depleting the world's natural resources faster than they are replenished, imperiling not only the world's species but risking the well-being of human societies, according to a new massive study by the World Wildlife Fund (WWF), entitled the Living Planet Report. The report finds that humanity is currently consuming the equivalent of 1.5 planet Earths every year for its activities. This overconsumption has caused biodiversity—in this case, representative populations of vertebrate animals—to fall by 30 percent worldwide since 1970. The situation is more dire in tropical regions where terrestrial species' populations have fallen by 60 percent and freshwater species by 70 percent.


New Google wind project moves clean energy forward in US

(10/12/2010) While the US has fallen far behind China and Europe in clean energy power, an announcement by Google today brings hope to green energy backers. Google is putting its considerable name and a lot of cash behind a $5 billion energy transmission line that would link up proposed wind turbines off the US's East Coast to consumers.


Slaughtered elephant served up at Zimbabwean rally with president

(10/12/2010) On the menu at the most recent rally for the Zimbabwe African National Union Political Front (ZANU-PF): 3 African buffalo, 3 elephants, and a lot of smaller game according to SW Radio Africa. Attended by Zimbabwe's President and founder of ZANU-PF, Robert Mugabe, the rally also celebrated the opening of the Women's Celebration Bank.


Farms in the sky, an interview with Dickson Despommier

(10/12/2010) To solve today's environmental crises—climate change, deforestation, mass extinction, and marine degradation—while feeding a growing population (on its way to 9 billion) will require not only thinking outside the box, but a "new box altogether" according to Dr. Dickson Despommier, author of the new book, The Vertical Farm. Exciting policy-makers and environmentalists, Despommier's bold idea for skyscrapers devoted to agriculture is certainly thinking outside the box.


Can 'boutique capitalism' help protect the Amazon?

(10/11/2010) Most companies talk green, but few—almost none in fact—actually walk the walk. Sustainable design company, Ecostasy, not only walks the walk, but actually seeks out among the most challenging places to work: the imperiled Brazilian Amazon. Specializing in hand-crafted products by indigenous groups—such as jewelry, pots, and furniture—Ecostasy seeks to balance smart economics, environmental protection, and community development. Make no mistake, however, Ecostasy is not a non-profit, but a rare and refreshing example of a company truly dedicated to changing the world for the better. "In my mind, a virtuous company does not compromise ethical principles for economic interests. For me, being ethical is comprised of conducting oneself with honesty and responsibility to one’s constituencies (customers, employees, suppliers), society and the environment," Katherine Ponte, founder of Ecostasy, told mongabay.com in an interview.


Environmental destruction undercuts global economy to the tune of $6.6 trillion

(10/06/2010) The cost of environmental damage to the global economy hit 6.6 trillion US dollars—11 percent of the global GDP—in 2008, according to a new study by the Principles for Responsible (PRI) and UNEP Finance Initiative. If business continues as usual, the study predicts that environmental damage will cost 28 trillion dollars by 2050. The new study undercuts the popular belief that environmental health and economic welfare are at odds.


The Nestlé example: how responsible companies could end deforestation

(10/06/2010) The NGO, The Forest Trust (TFT), made international headlines this year after food giant Nestlé chose them to monitor their sustainability efforts. Nestlé's move followed a Greenpeace campaign that blew-up into a blistering free-for-all on social media sites. For months Nestle was dogged online not just for sourcing palm oil connected to deforestation in Southeast Asia—the focus of Greenpeace's campaign—but for a litany of perceived social and environmental abuses and Nestlé's reactions, which veered from draconian to clumsy to stonily silent. The announcement on May 17th that Nestlé was bending to demands to rid its products of deforestation quickly quelled the storm. Behind the scenes, Nestlé and TFT had been meeting for a number of weeks before the partnership was made official. But can TFT ensure consumers that Nestlé is truly moving forward on cutting deforestation from all of its products?


Rivers worldwide in peril: society treats symptoms, ignores causes

(09/29/2010) Dams, agricultural runoff, pesticides, sewage, mercury pollution from coal plants, invasive species, overconsumption, irrigation, erosion from deforestation, wetland destruction, overfishing, aquaculture: it's clear that the world's rivers are facing a barrage of unprecedented impacts from humans, but just how bad is the situation? A new global analysis of the world's rivers is not comforting: the comprehensive report, published in Nature, finds that our waterways are in a deep crisis which bridges the gap between developing nations and the wealthy west. According to the study, while societies spend billions treating the symptoms of widespread river degradation, they are still failing to address the causes, imperiling both human populations and freshwater biodiversity.


Conserving nature with economics

(09/29/2010) While many factors come into consideration when the fate of forests are being determined, economics often play a key role in land use decisions. When the perceived value of forest land is higher as cattle pasture, cropland, or plantation, then trees fall. But what happens when economic assumptions underlying these decisions are wrong? Forests, including the services they provide and the biodiversity they shelter, are lost in vain, much to the detriment of society and the planet. Working to avoid these costly outcomes is the Conservation Strategy Fund (CSF), a California-based nonprofit that trains conservationists to use economics and strategic thinking as assets to conserve natural ecosystems in countries around the globe. CSF runs training programs that help emerging conservation leaders build and strengthen parks, influence policies, and avert damage from infrastructure projects.



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