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Showing posts from September 2, 2009
Climate targets 'will kill coral' By Richard Black
Environment correspondent, BBC News website
Coral reefs do more than look pretty - they are nurseries for many fish
Current climate targets are not enough to save the world's coral reefs - and policymakers urgently need to consider the economic benefits they bring. Those are two of the conclusions from a UN-backed project aiming to quantify the financial costs of damaging nature.
Studies suggest that reefs are worth more than $100bn (£60bn) annually, but are already being damaged by rising temperatures and more acidic oceans.
The study puts the cost of forest loss at $2-5 trillion annually.
Looking ahead to December's UN climate conference in Copenhagen, study leader Pavan Sukhdev said it was vital that policymakers realised that safeguarding the natural world was a cost-effective way of protecting societies against the im…