Jason A. Sohigian, the Deputy Director of the Armenia Tree Project (ATP), presents at TEDx on the often-unacknowledged economic value of forests, including wildlife habitat, safeguarding watersheds, soil health, and tourism. In Amerina, Sohigian estimates the economic value of forests to be between $7 million to $1.1 billion annually, if not more.
“I’m suggesting that we can redefine our economic systems to do three things: understand the true value of natural capital and forests, understand our relationship with nature both at the individual and economic level, and finally save money by investing in natural capital like forests, especially in places like Armenia, where it can be critically endangered,” Sohigian says.
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