Will Conservation Work If Wealthy Nations Pay?

Wealthy nations willing to collectively spend about $1 billion annually could prevent the emission of roughly half a billion metric tons of carbon dioxide per year for the next 25 years, says a new study. It would take about that much money to put an end to a tenth of the tropical deforestation in the world, which would lead to lower greenhouse gas emissions, they say, and reduce global carbon emissions by between 2 and 10 percent. The calculation is one of several estimates described by a team of scientists and economists this week in the online edition of Proceedings of the National Academy of Sciences. The calculations, based on three different forestry and land-use models, provide the best estimates so far of how much it would cost developed nations to participate in a program called "avoided deforestation" to reduce worldwide carbon emissions. Read More...

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