Cash for Conservation & Climate Reparations

The Amazon is the largest and most biodiverse tract of tropical rainforest in the world, home to roughly 10% of the world species. It’s also the world’s largest terrestrial carbon dioxide sink and plays a significant role in mitigating global warming. While forest fires in this region are frequent occurrences, and typically happen in dry seasons due to illegal slash-and-burn methods that are used to clear forest for agriculture, livestock, logging and mining, the 2019 wildfires season was particularly devastating.  In 2019 alone, estimates suggest over 10 000 km2 of forest within the Amazon biome was lost to the fires with August fires reaching record levels.  Destruction of the Amazon doesn’t just threaten increasingly endangered species and the local indigenous populations. As the amount of carbon stored in the Amazon is 70 times greater than the annual US output of greenhouse gases, releasing that amount of extra carbon into the atmosphere would undo everything society has been doing to reduce emissions.

Deforestation of the Amazon fluctuates alongside the political landscape of Brazil.  Between 1970 and 2005, almost one-fifth of the Brazilian Amazon was deforested.  In the 2000s, President Lula da Silva implemented programs to control deforestation, which reduced deforestation by 80% by 2012.  Jair Bolsonaro took office in 2019, scaling back the Amazon protections and regulations in hope of stimulating economic growth, which led to a 30% increase in deforestation over the previous year.  The international community was understandably displeased; verbal condemnations were made and aid payments to Brazil were cut. However, for the poor populations living in and around the Amazon, it’s about survival.  Clearing land gives an immediate economic benefit in the form of cattle ranching, even if it’s an inefficient place to farm cattle due to its distance from potential markets and poor soil quality.

If money is the driver of deforestation, perhaps money will offer the solution. The landholders in Brazil could be compensated to forego the profits from converting forests to cattle. There are precedents for such environmental programs, a notable example was China’s Grain for Green program in 1999 – the world’s biggest reforestation program – in which120 million households were paid what amounted to about $150 billion over a decade to protect existing forest or restore forest.  In 1996, the Costa Rica government introduced the Payments for Environmental Service (PES) to pay landowners to protect or restore rainforest on their property.  With a payment of $50 per hectare, it was enough to slow and reverse deforestation rates. By 2005, Costa Rica’s forest cover has increased by 42% from when the program began.

Brazil is also warming up to this idea. One such initiative is the “Adopt a Park” program, announced last month in Brazil, which will allow national and international funds, banks and companies to pay to preserve areas equivalent to 15% of Brazil’s portion of the Amazon – an area larger than Chile.  However, for such programs to succeed and attract international support, the Brazilian government would need to demonstrate their ability to stop illegal loggers and wildcat miners from decimating the landscape.

There already exists an appetite for these conservation schemes among world leaders.  Norway was willing to provide roughly $100 million per year over a decade to support a non-profit dedicated to reducing Amazon deforestation.  In a debate with Bernie Sanders, Joe Biden, the Democratic nominee for president expressed similar sentiment:
I would be right now organizing the hemisphere and the world to provide $20 billion for the Amazon, for Brazil no longer to burn the Amazon.

These cash-for-conservation schemes might seem like handouts, but it is high time the world’s biggest polluters pay their dues.  The Western bloc is responsible for around half of the global historical emissions (the US – 25%, the EU – 22%).  Those who will suffer the most acutely from the consequences of climate change are also the least responsible – the poorest of the poor and those living in island states: around 1 billion people in 100 countries. There is a significant ecological debt owed to low-income nations from industrialized first-world nations for the disproportionate emissions of greenhouse gases. Now that the impacts of climate change are unavoidable and worsening, investment in adaptation to rising temperatures and extreme weather is more important than ever. In the drive to better humankind and amass wealth for a few, we’ve wreaked havoc on the world’s environment and put the lives and livelihoods of many in jeopardy. Now it is time for those of us in the West to use our plenitude of wealth, knowledge and technology to help those in need, and to mitigate and prepare for the consequences of our actions.

  - By Hannibal Thai