Word: globalization
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...that REDD revenues could pump up to $30 billion a year into the developing world, promising much-needed revenue at a time when rich nations still haggle over how much money to give poorer countries to help them adapt to climate change. REDD will likely be part of any global climate pact negotiated in Copenhagen. "Everyone has got a lot of hope in REDD," says Joe Heffernan, an expert in environmental markets...
...Humans won't be the only animals to benefit. Clearing land for palm-oil plantations is Indonesia's leading cause of deforestation, says a 2007 U.N. report, with Sumatra, Kalimantan and Papua the three worst-affected provinces. Thanks largely to the global appetite for palm oil, which is found in everything from chocolate bars to biofuels, the natural habitat of endangered animals such as the orangutan and Borneo rhino shrinks further each year. REDD could save them, said a recent study of Kalimantan by researchers from the University of Queensland in Australia. They believe that the revenues generated by preserving...
...Ecuador and Liberia. Last month, governors Irwandi and Schwarzenegger joined 30 other subnational leaders - including a dozen other U.S. governors and the leaders of forest-rich Brazilian states Amazonas and Mato Grosso - at a climate summit in Los Angeles, where they called upon governments to include REDD within the global framework for combating climate change. Sun of Carbon Conservation hopes one day to see "a global infrastructure of forest factories, producing oxygen and absorbing carbon dioxide." (See a graphic of the effects of climate change on the world...
...bored of those usual suspects, consider the continuous and colorful calendar of specialized screen festivals that take place in Asia. South Korea's Pusan International Film Festival - held in a port once known more for cuttlefish than cinematography - has won a permanent place of prestige in the global film industry's annual circuit of stars and schmoozers. There are plenty more below the radar, however, advancing good causes and, from time to time, good work. Here's a roundup of a half-dozen events that may be short on glamour but have atmosphere to spare. (See the top 10 Cannes...
Though he doesn't know it, shop manager Zhu Baohua is on the front lines of the battle to reform the global economy. Zhu's three-floor electronics store, crammed with Sony TVs, Motorola cell phones and HP PCs, is located in a nondescript neighborhood in the western Chinese city of Xi'an. Far from China's dynamic coastal manufacturing and financial centers, Xi'an for decades has been an economic backwater known mainly as the home of China's famed terra-cotta warriors, reminders of the city's glory days as a capital of ancient dynasties...