New Reasons to Preserve the Amazon Rainforest

Abstract:

Historically, preservation of the rainforest was justified in terms of conservation of biodiversity, protection of indigenous people habitats and maintenance of carbon stocks. Most of these arguments are based on the direct effect of rainforest removal, and ignore second order effects of the presence of the rainforest, such as modulation of regional climate patterns. The rainforest helps define the regional climate of the region, in particular the regional temperature and precipitation patterns. Of course, any activity that depends on the local climate may be affected by changes in the rainforest. Recent evidence in the literature presented enough arguments to believe that the widespread removal of the rainforest will have economic consequences at least in agriculture output and hydroelectric power generation. Economic impacts may affect not only the agriculture and energy sectors, but also several other economic activities that are related to climate. As a country, we are counting with the climate of Amazonia as fixed, but if the present climate needs the presence of the rainforest, we need to quantify the economic value of the climate regulation service provided by the rainforest. Important questions to be answered: How much of the rainforest is needed to conserve the present climate? Where it should stand for best climate regulation? Answer to these questions may affect Brazil´s large-scale policy on land use.