Environmental economists propose applying an investment portfolio approach to large-scale tree planting to mitigate risks associated with planting incorrect tree species in unsuitable locations. Various countries have vowed to plant billions of trees to combat climate change; for example, the UK aims to plant 30,000 hectares annually by 2025. While ambitious, the selection of appropriate tree species and planting sites is critical and must be informed by future climate scenarios. Researchers emphasize that balancing climate and economic risks is vital for the success of tree planting efforts.
An investment portfolio approach to large-scale tree planting is essential to reduce risks associated with incorrect species selection and placement, ensuring effective carbon removal.
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