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Why cash, not regulation, may hold key to halting deforestation

A Brazilian cattle farm. While primary forest loss in the country was down by 49 per cent in 2023, elsewhere tree clearance, mainly for beef production, was up 43 per cent on the previous year (Photo: Jonne Roriz/Bloomberg)
A Brazilian cattle farm. While primary forest loss in the country was down by 49 per cent in 2023, elsewhere tree clearance, mainly for beef production, was up 43 per cent on the previous year (Photo: Jonne Roriz/Bloomberg)

With some areas suffering record losses, it appears paying people not to cut down trees might be the best way to keep the world’s remaining forests safe

Globally, deforestation continues at stubbornly high levels. In Brazil and Colombia, efforts under new political leadership to curb the practice have been effective, according to data released by the World Resources Institute in April, but over the past decade, deforestation has steadily increased in other countries.

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