While there are risks for the forest products industry, it largely stands to gain from efforts to address global warming due to new opportunities for sustainable forestry, according to a report released here today by the World Resources Institute.
Direct annual economic benefits of tourism and fisheries resulting from coral reefs amounts to US$94 million in St. Lucia and US$44 million in Tobago. Those numbers amount to 11 percent and 15 percent of those Caribbean islands’ yearly gross-domestic product.
Coral reefs are a vital part of the Caribbean’s marine environment, and are integral to the economies of many of the region’s small island states. WRI’s economic valuation methodology can help decision-makers in the region better understand the enormous economic value the reef provides and use this data to make better-informed coastal policy.
Carbon capture and storage (CCS) is both hailed as a “silver bullet” for the coal industry, and reviled as a pipe dream. The reality is that the U.S. needs CCS, and a comprehensive policy framework for rapid development and deployment.
While many national governments have made real progress in honoring their 1992 Rio Earth Summit commitments to better include the public in environmental decisions, a new book released here today in honor of World Environment Day finds that all the countries studied have fallen short in some aspect.
A World Resources Institute (WRI) analysis of the complex challenges that investors would face when deploying carbon capture and storage (CCS) technologies shows that until government policies support large-scale demonstrations it is unlikely that CCS will be able to fulfill its potential in combating climate change.