Colombia | How to Reverse Deforestation and Support Vulnerable Populations?
Published on Friday, October 25, 2024
Colombia | How to Reverse Deforestation and Support Vulnerable Populations?
Summary
Deforestation is not only harmful to the environment, but it also has negative economic and social impacts. Reversing this situation can be achieved through three key approaches: the delineation of protected areas, increasing the productivity of exploited areas, and recognizing the value of natural assets.
Key points
- Key points:
- First, it is essential to achieve stricter delineation of protected areas by adjusting land-use regulations.
- Second, it is crucial to avoid incentives that encourage the expansion of the economic exploitation frontier into protected territories. This requires enhancing the productivity of areas currently designated for economic use.
- Third, the value of natural assets must be recognized. Forests are significant carbon sinks, climate regulators, and sustainers of diverse ecosystems, which in turn support the country’s rich biodiversity. However, this value is often overlooked, making them vulnerable to overexploitation.
Geographies
- Geography Tags
- Global
- Latin America
- Colombia
Topics
- Topic Tags
- Climate Sustainability
- Social Sustainability
Authors
Alejandro Reyes González
BBVA Research - Principal Economist