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Nature loss 'dwarfs bank crisis'

The global economy is losing more money from the disappearance of forests than through the current banking crisis, according to an EU-commissioned study. It puts the annual cost of forest loss at between $2 trillion and $5 trillion. The figure comes from adding the value of the various services that forests perform, such as providing clean water and absorbing carbon dioxide.
Published On:	10/10/2008
Submitted On:	10/12/2008 9:20:44 AM by Frank K
Categories:	Habitats

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