Do Rainforests Grow on Money?

In an effort to halt the destruction of rainforests, increasing amounts of money are being offered to countries for preservation efforts. But some wonder whether throwing money at the problem will yield a solution.

1 minute read

December 11, 2010, 9:00 AM PST

By Nate Berg


These money-based efforts are called hasty by some who worry that funds will be misspent and possibly even exacerbate the problem.

"The first funds are ready for distribution to protect forests around the globe, and already the prospect has galvanized the foot soldiers of the newly established climate protection industry that trades in emission rights, administers funds and certifies so-called "'green' projects. The UN's chief environmental protection officer, Achim Steiner of Germany, is cautiously optimistic. 'REDD can be a part of the solution both for climate change and protecting the environment,' he says.

Others warn of the dangers of acting too hastily. 'No matter how well-intended they may be, quick solutions can be dangerous,' warns climate economist Reimund Schwarze of the Climate Service Center in Hamburg. He says that although the REDD program will inject billions of dollars into developing nations, the money may have exactly the opposite effect to the one desired. In other words, it could increase deforestation rather than halt it."

Tuesday, December 7, 2010 in Der Spiegel

Young Professional

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban and Environmental Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban and Environmental Planner

Get top-rated, practical training for planners

"Planetizen federal action tracker" logo superimposed over black and white image of US Capitol dome.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

September 16, 2026 - Zachary Whalen

Passengers board an Amtrak train under a cloudy sky.

Amtrak, CN end decades-long dispute with eight-year agreement

The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.

September 18, 2026 - Mass Transit

The Gross Reservoir, a large body of water surrounded by trees and mountains.

Judges permit Denver to divert 77,000 acre feet from the Colorado River for reservoir expansion

Overuse and climate change have caused the Colorado River’s water levels to plummet.

September 18, 2026 - Inside Climate News

A painted bus lane in NYC.

NYC DOT wants faster, more permanent street upgrades

The city is examining ways to build more concrete infrastructure without getting entangled in 'decades-long' projects.

September 21 - NYC Streetsblog

A woman looks at a utility bill.

'Something we’ve never seen before:' rising utility rates could strain city finances nationwide

Data centers, climate change and other factors have caused utility rates in the United States to increase by 38% since 2020.

September 21 - Smart Cities Dive

A person scuba diving in a coral reef off Guam.

Trump to overrule local leaders, lease millions of acres of America’s Pacific Island territories’ seafloors to mining companies

International law says that the Indigenous people of America’s territories have a right to prior and informed consent regarding projects that impact their countries.

September 21 - Grist