Trade in rainforest credits - costly but efficient!

Developed countries look forward to poor developing and underdeveloped nations for emission cuts to curb the ever-surging mercury levels. Developing countries rue their poverty coming in their way to stem the tide of their carbon emissions. However, developing countries have now decided to leave the rich nations behind by coming forward in sequestering greenhouse gases.

rainforest wealth of the world
rainforest wealth of the world

Brazil, holding richest rainforest resources in the world has volunteered to save its rainforests in exchange of billions of dollars to sustain its economy. The otherwise fragile rainforests severed for building factories and industries to run the economy on rails will now remain intact on the ground. The richer nations who cannot curtail their greenhouse gas emissions will exchange their carbon credits with countries like Brazil sitting pretty on their rainforest reserves.

rainforests of the world
rainforests of the world

It will serve two purposes. One, the rainforests also known as carbon sinks will absorb most of the carbon emissions, cool and purify the atmosphere, which in turn will fight global warming to some extent. Second, countries can better exchange their carbon credits with countries rich in rainforests, thus compensating them for the same, thereby, helping them to run their economy.

Global warming if let loose will ravage the world converting earth into a dead planet. The recent pictures of the earth unveiled by NASA cry out to man to save it from becoming another dead planet. And such a proposal of exchanging rainforest reserves for monetary wealth would work wonders if implemented and help in saving the world from the fury of global warming and climate change. Consequently, helping countries like Brazil, Indonesia, blessed with rainforests, keep this invaluable wealth intact and earn monetary wealth in return.

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Via: International Herald Tribune

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