Businesses and policy-makers need to recognize the tremendous economic value of ecosystems, as well as the social and economic costs of losing such natural resources as forests, freshwater, soils and coral reefs, a new United Nations report released today said. The report by the Economics of Ecosystems and Biodiversity (TEEB), a body hosted by the UN Environment Programme (UNEP), seeks to galvanize the world to recognize the economic consequences of failing...

Paan kheti [betel vine cultivation] is our lifeline…why does the government want to destroy it and force us into being labourers?” asked Niranjan, a 60-plus-year-old farmer who would lose his betel vines to the Posco steel project in Orissa. This is one of the questions that haunted us,when we, a group of US-based researchers interested in the new economy of globalised India, started looking into the Posco project. We had...

Malaria kills around 205,000 people in India each year, more than 13 times the estimate made by the World Health Organization, researchers said on Thursday. WHO, the public health arm of the UN, estimates that approximately 15,000 people a year die from malaria in India, and 100,000 adults worldwide. The researchers called for both figures to be urgently revised so they do not hurt funding for prevention, rapid diagnosis and treatment. “If you...

One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...

Union health minister Ghulam Nabi Azad called for a "jihad" against tobacco use after a report released on Tuesday identified India as the world's second largest consumer of tobacco. An estimated 274.9 million Indians consume tobacco, the first Global Adult Tobacco Survey said. Nearly 0.9 million tobacco-related deaths occur in India annually as compared to 5.5 million world wide. India is also the world's third largest producer of tobacco, the report added. "A...