The Climate Question

Should we put a price on nature?

Oct 28, 2024
In this engaging discussion, Kevin Conrad, founder of the Coalition for Rainforests, and Pavan Sukhdev, CEO of GIST, delve into the idea of placing a price on nature. They explore the tension between valuing biodiversity and its intrinsic worth. The conversation touches on the role of rainforest ecosystems in carbon capture and the challenges of deforestation. Other key topics include the complexities of carbon credits, corporate impact on the environment, and the critical need for citizen involvement in climate accountability.
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ANECDOTE

Childhood In The Rainforest

  • Kevin Conrad grew up exploring Papua New Guinea's rainforest from childhood and learned survival and species knowledge there.
  • He links that upbringing to his lifelong commitment to protecting forests and founding the Coalition for Rainforests.
INSIGHT

Forests Are A Global Carbon Sink

  • Forests absorb around a third of global emissions annually, acting as a major carbon sink.
  • Cutting them creates a double climate harm by stopping uptake and releasing stored carbon when trees die or burn.
ADVICE

Make Forests Economically Valuable

  • Make forests worth more alive than dead by creating economic incentives for protection.
  • Shift payments from small patches to larger scales so protection can't just migrate deforestation elsewhere.
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