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Saving Our Rainforests by Valuing Nature as an Asset??

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Uploaded by on Feb 18, 2009

http://www.eco-rescue.info Global leaders sign historic agreement with Governor Schwarzenegger at the Global Climate Summit in Los Angeles 2008. http://www.eco-rescue.com Afterwards, Thomas Houston, shares his insights. He is Managing Director & General Counsel of Global Eco Rescue. GER aims to properly value nature as a capital asset - i.e. putting a price tag on deforestation and environmental degradation. GER has been chosen by government officials in Indonesia to conduct a pilot program, which may serve as a model around the world.
58:40 "It's appropriately putting a value for the first time on nature and how it benefits humanity. It's pricing it like any other asset, but for the first time, recognizing the real value of nature and in particular these beautiful pristine forests. They are not only beautiful, but they are absorbing carbon dioxide and protecting us from global warming." 59:03

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