This year, I was on the judging panel for the Royal Statistical Society’s International Statistic of the Decade.
Much like Oxford English Dictionary’s “Word of the Year” competition, the international statistic is meant to capture the zeitgeist of this decade. The judging panel accepted nominations from the statistical community and the public at large for a statistic that shines a light on the decade’s most pressing issues.
On Dec. 23, we announced the winner: the 8.4 million soccer fields of land deforested in the Amazon over the past decade. That’s 24,000 square miles, or about 10.3 million American football fields.
During the droughts, in Sao Paulo state, some farmers say they lost over one-third of their crops due to the water shortage. The government promised the coffee industry almost US$300 million to help with their losses.
Finally, as a November 2018 study shows, the Amazon could generate over $8 billion each year if just left alone, from sustainable industries including nut farming and rubber, as well as the environmental effects.
Some might argue that there has been a financial gain from deforestation and that it really isn’t a bad thing. Brazil’s president, Jair Bolsonaro, went so far as to say that saving the Amazon is an impediment to economic growth and that “where there is indigenous land, there is wealth underneath it.”
In an effort to be just as thoughtful in that sense, let’s take a look. Assume each acre of rainforest converted into farmland is worth about $1,000, which is about what U.S. farmers have paid to buy productive farmland in Brazil. Then, over the past decade, that farmland amounts to about $1 billion.
Chump change compared to the economic loss from deforestation. The farmers, commercial interest groups and others looking for cheap land all have a clear vested interest in deforestation going ahead, but any possible short-term gain is clearly outweighed by long-term loss.
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