It is reported Guyana is to enter into the world’s first serious effort to pay for the ecosystem services provided by rainforests [ark]. Such an approach is long overdue, and while the specifics have not yet been released, it appears the payments are for broad ecosystem services [search] provided by a million acres of Guyanese rainforest rather than just their carbon storage (which is good). It remains to be seen whether industrial logging [search] will be allowed in the protected area — if so, the constant ecological diminishment resulting from selective logging will greatly reduce the value of the deal.

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