Source: Schroders, February 2019

With political gridlock, our calculations are of course theoretical, but they underline the magnitude of economic impact climate change will have on investors, businesses, and nations. If, how or when such a mechanism is implemented remains unclear but may become more concrete as global climate talks edge closer to a solution, in which forestry will be an unavoidably vital component.

^{1. http://www.earth-policy.org/indicators/C56/forests_2012 ↩}

^{2. http://urbanforestrynetwork.org/benefits/air%20quality.html ↩}

^{3. https://markets.businessinsider.com/commodities/co2-emissionsrechte ↩}

^{4. https://extension.psu.edu/timber-market-report-2018-2nd-quarter ↩}

^{5. https://www.prnewswire.com/news-releases/77-trillion-global-oil-and-gas-exploration-and-production-market---analysis-2013-2015--industry-forecasts-2016-2025-300242507.html ↩}

^{6. https://databank.worldbank.org/data/reports.aspx?source=2&series=NY.GDP.PCAP.CD&country=# ↩}

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