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Amid the global financial crisis, it is time to recognise the wealth we enjoy from nature's capital, says Andrew Mitchell, director of the Global Canopy Programme. In this week's Green Room, he argues that there will be no government bailout if we fail to protect the vital services provided by the world's forests. In global markets today, rainforests are worth more dead than alive The world's largest gathering of conservation scientists and NGOs have been meeting in Barcelona to ask: "What price do we put on nature?" In these extraordinary times of credit crunch and climate change, the world feels hitched to an uncertain roller coaster ride where we don't know what to value any more. What investors thought was safe as houses has turned out to be nothing more than the property of the poor disguised in a silver wrapper,... [read full story]
