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Saving the Amazon rainforest with economics

Saving the Amazon rainforest with economics

Economics has a solution to halt rapid deforestation but can it be implemented?

Business Daily · BBC World Service

November 30, 202017m 29s

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Show Notes

Economics has a solution to halt rapid deforestation but can it be implemented? This year has seen some of the worst-ever fires destroy vast tracts of the Amazon rainforest as land there is cleared for farming. We hear how the field of economics may have come up with a solution to halt the Amazon’s rate of deforestation - and what’s needed to set that in motion. Manuela Saragosa speaks to Michael Greenstone, Professor of economics at the University of Chicago and to Professor Luciana Gatti, a researcher at Brazil's National Institute for Space Research which monitors greenhouse gas emissions in Amazon.