Forests provide many different services to people, most of which we don’t pay for and therefore tend not to be aware of or to take them for granted.
Wildfires burning in important municipal and farm irrigation watersheds have awakened many to the true cost of unhealthy forests, when tens of millions of dollars must be invested to filter the water that nature previously filtered for us, rehabilitate a watershed to stabilize the soil, and clear sediment from reservoirs that filled after a wildfire.
This TedX presentation by Leigh Madeira demonstrates how using financial markets and private investment, water districts, cities and other entities can accelerate the restoration of watersheds after 100 years of fire suppression has created overly dense forests. [Read more…]