José Scheinkman, an esteemed economist from Columbia University, discusses the economic consequences of deforestation and the urgent need for reforestation policies. He explores the alarming rates of deforestation in the Amazon and its impact on biodiversity, driven by unsustainable practices. Scheinkman emphasizes the importance of carbon credits in making reforestation economically viable and highlights the necessity for sustainable agriculture to aid conservation efforts. The conversation also touches on the ecological importance of preserving the Amazon and the challenges of applying economic insights globally.

Professors David Keith, Franklin Allen, and José Scheinkman discuss incentivizing climate change solutions. Topics include restructuring market incentives, Amazon reforestation, financial innovations, fusion technology, and challenges in governmental solutions. The podcast explores the role of finance in driving environmental change and the importance of collaboration for achieving net zero emissions.