Why is this article about the Amazon relevant to insurance? Insurers in New Zealand list extreme weather events and the impact of climate change on low-lying coastal areas as a significant concern. If we chop down the rest of the Amazon rainforest, then a combination of the carbon release, and the loss of the carbon capture, will make the job of mitigating the impact of climate change so much harder. The impact on human life, not just 'economic life,' is likely to be substantial, and will be witnessed by most people younger than, say, 60 years old.
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