Climate change: can money stop deforestation?
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- čas přidán 29. 05. 2024
- Rampant deforestation has driven economic growth, but accelerates climate change. How do you put a price on trees, to make them worth more alive than dead?
Film supported by Bain and Company
00:00 - Can money grow on trees?
00:55 - What Costa Rica can teach us
01:52 - Down with the trees: rapid deforestation around the world
03:15 - Why tree-planting schemes aren’t always the answer
04:24 - Paying for existing trees: carbon credits
06:38 - How to finance the restoration of forests
08:10 - What are Payments for Environmental Services?
09:31 - Swapping to sustainable returns
10:40 - Is focusing on economic growth the problem?
11.50 - Why world leaders need to decarbonise the economy
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Why tree planting alone is not an adequate solution for climate change: econ.st/3rC50Oq
How the world’s wealthiest countries cause deforestation in poor ones: econ.st/3rBgW3d
The role of forests in climate change - listen to The Economist’s Intelligence podcast about their importance: econ.st/3rJ527a
How Jair Bolsonaro has damaged the Amazon rainforest: econ.st/3CFQiwa
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A balance-sheet could help to save the planet:econ.st/3VcAZSS
Why is the Amazon rainforest doing more harm than good? econ.st/3T50KCV
Im costarrican and I had the chance of reforesting my land from pastures to jungle. The satisfaction of doing it is so enormous that I even didn't ask the government for money. Not rich but happy!
We don't need to plant trees, there's more every day, not less. Search : "Earth greening." Climate change is natural.
Pura Vida
doesn't sound like climate change is an issue then.
You are a hero..
@@babyelephantine2357 i think you mean 'landscaper'
Since my childhood I have observed nature around me here in Kenya and each day I make an observation I get sad ...I began planting trees as at the age of 15..and it became a culture in me,..Today am 27 and I have grown 6500 trees that have natured to maturity...I am pleased with the new environment and microclimate the trees created but am sad because sometimes am depressed economically and am tempted to cut the trees down .I have hesitated in search of carbon funds in vain. Where is that fund here in Kenya
I hope you will continue to manage without cutting them down. And massive respect to you!! The world needs more people like you!
I wish you ongoing success with your initiative. I've planted a few trees from time to time since my mid-20s but they wouldn't add up to 65 let alone 6,500!
Huge respect! Go on with 🌳🌲😌!
@@rjjcms1 Maybe you planted few and maybe others died before maturity... I am located in a remote village here in Kenya where the villagers still own large parcels of land some to a tune of 20 hectares... But the only economic activity taking place is illegal logging and there is large scale destruction of natural forest..That is the ground for my motivation to plant trees ..each rainy season I plant not less than 150 trees.But the cost is so huge
You're a hero!
We all must do something ! I live in Indonesia since 2016. Know Indonesia since 1995. In 2017 I wrote a protest letter to all CEOs of the 20 biggest palmoil producer in Indonesia. Who are mainly responsible for the deforestation of Indonesia and Malaysia. And arranged a EU palmoilban 2018 March. Of Indonesia and Malaysia. I had the Indonesian head of government and in general the government behind me.
Anyway I payed a very high price, I dont want to go in detail, but financially, deportations and other worse things happened.
Anyway, I think we must be prepared to pay a high personell price if we really fight this devils.
But as I learned most people not dare or are cowards to fight.
This makes me very sad.......
Countries needs to add a wood tax to all industries that profit from them and use that money to reinvest in reforestation and save a percentage of a country lands for conservation.
Or, countries need more oil & gas so they don't need to harvest wood for energy and can use plastics instead of lumber.
Meat tax aswell. More than 80% of deforestation comes from animal agriculture
@@lawrencejorgensen2914 Hey, idiot; deforestation is needed for growing CROPS as well.
@@lawrencejorgensen2914 I have no problem with that, wherever it takes to keep nature in balance.
Each country should plant trees and more trees 🌳🌳🌳 At least 25% if not 50% that would be helpful to make Mother Nature happy 🙏❤️
Preferably the types of these that are/were naturally indigenous to the country/region in question. An example in Britain would be to plant more of the familiar specious deciduous trees rather than conifers. I currently have a healthy ash sapling in my garden that I'd like to "re-home" as it's too close to the house for the size it will eventually grow to. I'm very keen to transplant it to a new site where I hope it will thrive and help replenish the ones of that species lost to the destructive unintentionally-imported Dieback disease. I also have some field maples that I need to remove from beds in my garden for the same reason but I would like to plant somewhere else suitable to give them a chance. The latter have grown from seeds that have fallen or been blown into my garden from a couple of tall field maples nearby,which are very popular with crows,magpies,jackdaws and squirrels.
I find it honestly quite astounding that meat consumption is completely omitted in this discussion. If cattle farming is the number one reason for deforestation would it not make sense to also suggest that our western habit of meat consumtion ought to be reduced?
Well these whitey are biggest consumer of meat, you want them to potray themselves equally bad?
1 kg of cow meat costs 35 to 151 kg of CO2. 1 kg of lentils or chicken meat, costs 1 kg of CO2…..
Unfortunately people are too selfish to do that. The best we can hope is that some form of decent synthetic meat comes to the market which people will willingly adopt.
Ireland has less than one percent of its ancient forest left. I hope that won’t be the case for the Amazon.
Ireland should restore their ancient forests before they ask Brazil to mind the Amazon, I know you know it is easily doable, if you doubt me ask Eamon Ryan
@@Sami-Nasr No. Both Brazil and Ireland should be working on it.
@@RK-cj4oc brazil as a poor country has not even the moral obligation to mitigate the greenhouse built-up accummulated by the west since half of their lands are still forested. wanr a fair rule? gets everyone to reforest half of their land area just like brazil.
🤞Fingers crossed for 0%🤞
@@pepelepew1227 they killing indigenous for gold what are you talking about
I'm in Tasmania Australia I'm trying to plant out a old 53 Acer farm on the Mersey River I've already planted over 2000 trees and shrubs for the birds and native animals trying to grow back the forest 🙂
Climate Change Coverage: Hbomberguy, UpisnotJump, OCC, Simon Clark, Some More News.
👆👆Estoy tan feliz de tener de regreso a mi ex prometido, después de estar separados por 4 meses. Todo gracias al Sr. Gabriel, quien me ayudó a recuperar a mi ex nuevamente, les sugiero que obtengan ayuda de él y funciona dentro de 4 días.
Puedes conectarte con él en watsap para obtener ayuda 👇
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The common people can by planting trees…with 7 billion people living on earth if each individual planted a tree.
THIS one action would definitely OFFSET the greedy corrupt corporate elite!
Not everyone lives in areas where trees can grow. Plus a large population of the planet live in urbanized areas and cities where there's no space to grow trees.
@@TJ-kl1vj obviously hence the if… other options regarding cities and lower rainfall areas after all show me a plant that doesn’t use CO2 and create O2.
@@alaskangirl7475 I was just highlighting that the point you made is impossible to implement even in an ideal world. I'm not disagreeing with it.
@@TJ-kl1vj Well actually there are many cities that have more green spaces, and if there really is no space they add them on the buildings. Example Singapore. Although it isn't cheap but increasing green spaces and number of tree in a city is doable(there are some exceptions)
@@nahomweldemichael9820 That's plants. We are referring to trees here but even then adding trees to building isn't going to stop deforestation as the trees need to be planted on land for that to happen.
Amazing documentary. Another one. Thank you! AND so well done Costa Rica! Mind boggling results..:-))
From Rich Coast no more to Rich Coast once more.
While the world continues using the word 'reduce' instead of 'stop' there is no hope to solving the problem our parents and grandparents created.
There’s no one system that works everywhere. However carbon offsets has been way too abused to really take seriously. Maybe it works in some unique situations. I don’t think we should rely on it in scale.
It’s too lazy and easy to abuse.
It's a global scam, the Earth is cooling.
Great video! thanks for producing this
Even if a non dollar-denominated asset sees no real gains during inflation that's still much better than holding cash and seeing your real purchasing power undermined. In other words, sometimes you have to chose between the lesser of two evils.
Yes Clifton. I would rather lose 3% on a stock due to inflation than lose 10% on cash due to the same inflation.
One thing I always have at the back of my head is the Rockefeller's advice on how to earn during times like this; while others are panicking and selling or holding,
My primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, sure I know the risks of short term gains are much greater but if well managed one'd make a killing, am I wrong?
you do know your stock is priced in dollars and when you sell you must get dollars back. Therefore losing 3% and 10% on inflation.
@@berwickperu7683 These strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Well argumented case! Incredible to hear this sound argument from The Economist. Years ago, The Economist was one of the engines driving blind economic growth at the cost of the planet.
Sharing will save the world
It can help. Poor farmers need alternatives, so they stop burning down rain forests.
The demand for cheap meat is coming from developed countries. We should aim at lowering the demand rather than going around playing whack a mole in developing countries trying to supply that demand.
This video didn't even mention that the livestock industry is the #1 driver of deforestation. We need to shift away from eating meat toward a plant based diet.
One child policy worldwide is needed.
The Economist needs to talk about Ecosia they are a search engine that plants trees
The awareness of people for nvestment in nature conservation is more cost effective than financial and lives lost caused by climate disasters in the world.
Thanks for great news and great ideas!
The Amazon must be preserved!
Earth's lungs
Very well explained and illustrated!
In my country, there are an increasing number of food producers moving towards regenerative sustainable environmentally friendly food production to suit the land and climate by reducing herd size and planting both native and exotic trees on marginal food producing land. Unfortunately these producers get criticism from those food producers that use land intensive production that has a lower financial return compared sustainable environmentally friendly food production.
Intensive farming has wreaked so much damage on the world. It stemmed from a time when common sense was thrown out of the window.
Beautiful scenes
Reforestation is one of the great success story, China Green Wall?
One can freely help by using the Ecosia search engine. Ecosia uses most of its profits to plant a mix of (indigenous) trees.
Recently read a report by a group of climate scientists stating why, regardless of our climate saving efforts, we are doomed. This includes stopping all fossil fuel use.
What article are you talking about?
Ah, yes so we should just throw up our hands and give up?
I don't disagree with the ideas expressed in the video, but there's a limit to how much money can be made from eco-tourism. Not every equatorial country could follow the Costa Rican model as, unfortunately, there aren't enough tourists interested in that kind of travel. Also, you should have had a few robber-barons in the segment laughing at it all as they sway right-wing opinion against it.
Bruh, not just the right wing is swung against it. What a brainless thing to say.
Every country should have the same quota of forest areas. Those countries, who don't consider the quota will have to get economic sanctions by those who consider. That shouldn't be all too difficult.
@sourav jaiswal you are not wrong- which doesn't make it right. Here is the thing. Countries, like Saudi Arabia could built forests as well, as you know, entire cities are built in the desert - and the ocean for that matter. However, solutions need to be found and our world's lung - forest - can not only concentrate on certain countries, some with political corrupt and therefore instable systems. We all need it - we all need to do something - no excuse.
A blanket approach, without considering any differences between countries, is not the right approach.
You are right in a way that if a country asks other countries to keep the forest, they must pay for it, You can't ask Congo or Brazil to keep the forest while you make money by cows grazing in your land, it will be hard to ask poor "desert countries to do the same" but that should be open to global negotiations
No, the government has created enough laws over the climate change scam. It's time to stop them.
How do you enforce those sanctions?
Carbon credits are dubious at best, and often support corruption.
Yes . the answer is YES
A 5p or 10p tax on all goods and services in the UK to save the environment. That is what we need. Every country should do it!
Ecosia 👍🌱🌳
Meh we live in finite resource world but hope for infinite growth, even the world end human greed will never stop. Until its time to die
Nature doesn't negotiate
Although positive this video is lacking a lot of key issues in why carbon credits are not being checked properly and why deforestation is a prevalent issue. Also Costa Rica is a tiny country with 5 million people, you can't expect to translate the same idea to Brazil with 214 million people.
Yea to Costa Rica.
Money is the problem.
Put the details about how much GHG was generated in production of any product.
As always, another well researched documentary. There is hope for the planet if we do the right thing. Now!
Well reseached?
Not even mention meat lol
Biased documentation.
Yea but if we don’t we’ll go extinct 🙃
it's a dumb documentary. the fairest rule would be for rich countries to reforest their lands to brazil levels and set a cap of emissions per capita for every country. when you force poor countries to give up money to avert a disaster caused by rich countries, the wealth gap will widen.
thats why it's always easier to demonise poor people who cant fight back than do the right thing by carrying your own weight.
We hope that Guyana follows in the footsteps of Costa Rica. With their new discovery of oil, growth might lead them into using their resources for monetary gains, instead of preservation of their pristine forest.
I think it's a great concept to pay countries, so they protect their forests...but truth of the matter is it is really hard for such countries to "patrol" these big vast lands. Deforesters know this and take an advantage of this.
Starting to think about using guns against these "people" wouldn't be a bad idea either
i hate when this privilege western blame other country about this deforestation but they still need a palm oil and woods from the deforestation forest
👏👏
🕊️
👍😊
Forests being destroyed to make arable land mostly used to produce animal feed stuffs. Extremely destructive and wasteful way to produce protein when plant based protein only requires a fraction of that space.
markets are too manipulated to leave such an important issue to bad market players or regulators. look whats happened to financial markets
Rich countries should lead by example. This what the USA could really lead the rest of the world by pushing not only improving man-made and nature infrastructure. Construction of high speed rail and reforestation of lands currently being taken up by the interstate highway system.
It would be an elegant solution considering that money caused it. But yes for someone to contrive a system to make it more profitable for the people in power not to destroy the planet, to make them want to decarbonize if you will would be a work of masterpiece. Such a person would be worthy of Mt. Rushmore, "and more" lol
Climatic Change?
Money is absolutely the cause of the huge tree cemeteries.
We kind of need paper
We kind of need electricity
We kind of need to keep warm
please add subtitle
Anything to stop deforestation is a improvement…
Europeans invaded America,Africa and Asia..started deforestation for sugarcane,mining and shelter ..they should solve this problem
Many other reasons offsets are not the silver bullet. Nonetheless, bravo!!
Climate Change Coverage (cause of course i would wanna share): Hbomberguy, UpisnotJump, OCC, Simon Clark, Some More News and Second Thought.
Have anyone heard about Ecosia?
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.
I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.
Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers
The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.
I have been investing in crypto but have had a bumpy ride. How can I reach your broker? I will appreciate any tip or pointers
Nothing beats engaging an expert in any trade, selfishness and greed has deterred many from doing this and they ended up running a huge loss
You are an amazing channel
the best solution do not buy pruduct that they sacrifice the forest.
Catastrophe sounds like some kind of trophy
For marxist economics would have taken steps and even it can do it in future too,turning city into agricultural or food production
Why are people not talking about using paper?
ONLY 1 tree should be removed from ground every 33 feet! Stumps should not be left behind as this space is needed for new saplings! The thickest and tallest trees should NOT be cut down so the healthiest seeds can hit the ground and grow!
A nice suggestion for Lula da Silva, greetings from Brasil
👆👆Estoy tan feliz de tener de regreso a mi ex prometido, después de estar separados por 4 meses. Todo gracias al Sr. Gabriel, quien me ayudó a recuperar a mi ex nuevamente, les sugiero que obtengan ayuda de él y funciona dentro de 4 días.
Puedes conectarte con él en watsap para obtener ayuda 👇
+234
91533
21269
Fantastic documentary
Climate Change Coverage (cause of course i would wanna share): HBomberguy, UpisNotJump, OCC, Simon Clark, Some More News.
Developed countries have more obligations in environmental protection.
What does the $80 per hectare paid by the govt convert to in $/T co2?
The number of puns/double entendres and wordplay in this video is turning me green
Atractive women with high intelectuality is essentinal to motiveate to go no with conservation, and the economist makes atractive videos with atractive women, they are the fuel to capture interest on this subjects.
The rich countries should provide concessional tariffs to countries that adhere to environmental standards and increase tariffs for the countries that destroy the environment more. Eg: Brazil should be taxed more for destroying the amazon.
LOLOLOLOLOL. so governments regulating governments. yeah, that oughtta work
You think rich countries arent destroying their own forest? Lol so naive.
@@harukrentz435 the US and Canada manage their forests extremely well. That’s why we have so many hectares of forests and that why we don’t run out of lumber and why don’t have an issue with lumber in the slightest
@@RobertJohnson-lh6dg the only reason those 2 countries managed their forest really well is because they have massive land that contain massive numbers of forest. Have you ever seen the size of US & Canada on the map?
Brazil should be taxed for cutting down the amazon? I think that's unfair. Brazil is profiting from the American and European meat consumption. They cut down trees to clear the land and plant soy to feed cattle. Or to have pastures. I think wealthy powers like the USA or the EU should ban/tax products that destroy other (poorer) countries' nature
Place a tree tax on oil to fund reforesting. Oil companies must be forced to buy rain forests land reclamation.
this is where all the billionairs need to help- but up these old growth forests and protect them!
Generally, the economy is better at conserving valuable assets than government ❤
Idk about that. How many private parks have you been to lately?
Said no one ever.
@@off_mah_lawn2074 there aren't any near me. Have you ever heard of Tradgedy of The Commons though?
you forget the point of food solution.
Con la crisis energética impulsada por el Foro Económico mundial millones recurrieran a los bosques para generar energía !!?
That's like asking if fire can grow trees. No, it can't.
There has to be some limit to compulsive hunger in humans however selfish we are.
Unfortunately human history has shown that here isn't.
Actually oceans capture way more carbon than trees
Why don't you also explain about the foreign mining companies operating in the forest, some of which are English, Canadian, and Norwegian, and also from other countries, mostly European, many of them illegally?
Despite the Economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days.
People prefer to spend money on liabilities,Rather than investing in assets and be very profitable
You're so correct! Save, invest and spend for necessities and a few luxuries relatives to on's total assets ratio.
I'm just shocked you mentioned Expert Maureen K. Carr thought am the only one trading with her
21 % it looks familiar,does it has to anything with India I think
📖
satellite photos show massive greening of the earth due to higher CO2 levels. Semiarid areas now support plant growth where before low rainfall levels were insufficient.
So what? That doesn't refute the fact that CO2 is a greenhouse gas.
@@hosnimubarak8869 Earth isn't in a greenhouse so it doesn't matter, the only way to warm earth is through UV-B rays which are 48 times hotter than infrared light bouncing back from the so called CO2 molecule.
here I'm going to leave my comment on another video where they blamed us Brazilians as causing climate disgrace among other things, and also remembering that the richest countries are the ones that pollute the most and besides Germany and Norway that has an "Initiative with a background" Nobody Brazil pays more to maintain the Amazon but everyone says they need it ironic, right?
Wait that means other countries have to cut down more trees to feed Costa Rica if Costa Rica depends more on food import. I don't think this is a win win this is zero sum.
🇨🇷💕🇵🇷💩💩Is not that way. We Grow alot food for ourselves and export some products like Coffee, Bananas, Pineapples. Etc
Unions should ban tree cutting machines
Really very dangerous for the world
Yes but no
nice content but too hard to hear
Mit Sokchea
No! It’s too late now.😮
Defeatism gets you nowhere.
#1 action to take: go vegan, but at the very least don't eat beef....
Pura Vida!
Climate Change Coverage (cause of course i would wanna share): Hbomberguy, UpisnotJump, OCC, Simon Clark, Some More News.
Oil Giant windfall tax has not worked in the UK. Perhaps something to be learnt from Costa Rica
deforestation will stop money eventually but I mean who is smart enough to get that
Another excellent 👌 program. Congratulations
Money is made of paper and paper is made of trees so money doesnr grow in trees, it is trees 🤪🤪