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- W110562214 abstract "“What is intriguing is the assumption by many researchers that it will be cheap to stop the clearing of tropical forests,” Dr Hunt said. “This is because of a poor understanding of the multiple beneficiaries of logging, agricultural production and processing.” Dr Hunt will present the methodology and the results of his research at the seminar to illustrate the economic and social costs of stopping in Papua New Guinea. “Companies must be compensated for loss of profits, but so also must governments for loss of taxes. And then there are the working people who are expected to give up the income and employment opportunities of exploiting their forests. Such opportunities may be few in developing countries such as PNG.” Dr Hunt will also discuss general problems of underestimating the cost of conservation initiatives, using the expansion of “no-take” zones in the Great Barrier Reef Marine Park as an example. “Inadequate compensation of stakeholders for their income lost can lead to a political backlash that threatens the whole conservation initiative,” he said. The real costs of stopping deforestation takes place in room 103 in the Colin Clark Building (building 39) at 3pm on March 26. All are welcome." @default.
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- W110562214 date "2010-02-26" @default.
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- W110562214 title "Economist counts the costs of stopping climate change" @default.
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