We’ve got a report on the controversial “Four Major Rivers Restoration Project” in South Korea. We take a look at ecosystem markets and how they can be used to protect the environment. And we bring you coverage of “People and the Planet: Building Solidarity in Environmental Struggles,” a talk on grassroots indigenous environmental initiatives and environmental racism.
Courtesy South Korean Government
Review of the week’s top news stories
Ecobabble: Ecosystem markets
Economists are sometimes criticized for failing to account for the effects of human activity on the environment. Often the services provided by an ecosystem, and the damage we do it, are simply labelled “externalities” and ignored. In today’s Eco Babble, David Kaczan tells us about Ecosystem Markets, and how they allow economists to bring environmental costs into the picture.
People and the planet: Building solidarity in environmental struggles
Marcus Peterson reports back from a panel discussion titled “People and the planet: Building solidarity in environmental struggles.” The discussion focused on examples of grassroots indigenous initiatives addressing environmental issues and highlighted the links between environmental struggles and issues of activism, labour, indigenous rights, globalization, and capitalism in general. Featured guests include: Eriel Tchekwie Deranger, Freedom From Oil Campaigner with the Rainforest Action Network; Melina Laboucan-Massimo, Climate and Energy Campaigner with Greenpeace; and Chelsea Flook, Associate Director of the Sierra Club’s Prairie Chapter.
Four major rivers Korean restoration project
The Korean Prime Minister has argued that the project promotes development in economy, environment, and culture. This project is to invest 14 trillion won ($12,461,000,000) to four rivers to do bank revetment, restore the ecological function of streams, to make bike roads near stream, and so on. However, the project has drawn criticism from environmental and religious organizations in Korea for the potential environmental damage that could result. Correspondent Seon-ah Gu reports.