Friday, November 25, 2005

Newsroom | Canadian Boreal Initiative

CANADA’S REAL BOTTOM LINE – NEW STUDY PUTS MULTI-MILLION DOLLAR VALUES ON BOREAL ECOSYSTEM SERVICES

Report calls Canada’s Boreal region carbon bank account worth $3.7 trillion

In a new take on Canada’s national accounts, research by the Pembina Institute for the Canadian Boreal Initiative puts the value of ecosystem services like water filtration and carbon storage at roughly 2.5 times greater than the net market value of forestry, hydro, mining, and oil and gas extraction in Canada’s Boreal region.

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