Money Grows on Trees: Deforestation Costs More than Financial Crisis

Der Spiegel | Oct. 10, 2008 (Special Report)
Our shrinking forests cost us up to $5 trillion a year -- far more than the current banking crisis.

Sukhdev and his team, which has been compared to the high-profile Stern Review into the economics of climate change, concluded that forest decline costs about 7 percent of global GDP. They are now working on a second phase of their study, this time probing the value of other natural systems.

The picture they are painting is bleak. Firmly entrenched global trends like population growth, changing diets, urbanization and climate change are all taking ... Full Story »

Posted by Peter Barnett

See All Reviews »

View | |

To:


Separate email addresses with commas.
25 recipients max.

Note:

Review

Member_photo_thumb
3.7
 by Marty Heyman - Oct. 10, 2008

This is a good tight report on a complicated subject. It conveys the sense of the report without providing very much detail. These controversial economic valuations come at a time when the public is sceptical and one suspects the paper should have gone into a bit more depth.

(12 answers)

Marty's Rating

Overall
3.7

Good
from 12 answers
Quality
3.8
Facts
4.0
Fairness
3.0
Information
4.0
Sourcing
4.0
Style
4.0
Context
4.0
Depth
3.0
Enterprise
4.0
Popularity
3.5
Recommendation
4.0
Credibility
3.0
More How our ratings work »