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.
59:30 "Well we're connecting capital markets, where the money is to pay for offsets, directly with the projects where that money is needed to stop that deforestation, to patrol the forest, to stop illegal logging, to stop agricultural encroachment, and to get better logging techniques where logging must go on in certain circumstances. 59:50
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