Fun Fact: Forests cover about 31% of the world’s land area and absorb roughly 2.6 billion tons of carbon dioxide annually! When we think about fighting climate change, renewable energy sources or electric cars might be the first things that come to mind. But there’s another powerful ally right under our noses (or, more accurately, …
Forests are vital in maintaining the ecological balance, supporting biodiversity, and providing resources that sustain livelihoods. However, the economic benefits of forest conservation are often overlooked in favor of short-term gains from deforestation and land conversion. In this blog, we’ll delve into the title, “The Economics of Forest Conservation,” exploring how preserving our forests is …