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DAVOS 2017: Has the bubble burst?

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SCIENCE

This week: The earth costs the earth - money, it turns out, does grow on trees

Text by Eve IRVINE

Latest update : 2009-05-25

Environmental value, ENVIRONMENT looks at the biodiversity of the world around us and it’s economic worth.



The annual contribution of coastal and marine ecosystems to the global economy exceeds $20 trillion: that's over a third of the total gross national product (GNP) of all the countries of the world. While, according to an economist a Deutsche Bank, the world is losing between 2 and 5 trillion dollars a year as a result of deforestation alone. ENVIRONMENT looks at the price of cost of the Earth. As the market economy decides the price of natural resources like oil FRANCE 24 looks at the price of soil.

A bank in the Netherlands invests exclusively in socially-responsible projects. With headquarters made of organic and recycled materials, it wants good returns, but only ones that make ethical sense. It invests in micro credit projects in Africa, organic farming in Asia, and in sustainable energy in Europe. Its green initiatives is proving profitable as, even in the economic crisis, this bank, outperforming its rivals.

Meanwhile human activity is also putting pressure on other animals that roam the earth.
One of the oldest and largest marine animals, leatherback turtles have lived on this planet for nearly 120 million years but now, often caught up in fishing nets they face extinction.

In Nigeria the Nile crocodile has become incredibly scarce, already extinct in certain areas. The reptiles are not followers but fatalities of fashion.  
 

Date created : 2009-05-25

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