10 October 2008

Global Crashing

Wall Street by various calculations has to date lost, within the financial sector, $1-$1.5 trillion

According to The Economics of Ecosystems and Biodiversity (Teeb) study interm report by the European Commission the annual cost of forest loss is even higher at between $2 trillion and $5 trillion.

The figure comes from adding the value of the various services that forests perform, such as providing clean water and absorbing carbon dioxide.

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