Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281668 
Year of Publication: 
2024
Publisher: 
ZBW – Leibniz Information Centre for Economics, Kiel, Hamburg
Abstract: 
This paper provides a comprehensive overview of the Amazon, a vital ecological treasure in Latin America. It covers the region's environmental significance as the planet's largest rainforest and a major carbon sink, housing immense biodiversity. The study also traces the Amazon's geological history and its crucial role in the global water cycle. It explores the rich cultural heritage of the Amazon, debunking the myth of an untouched wilderness by revealing evidence of significant ancient civilizations and agricultural origins. The economic analysis highlights the contrast between the region's natural richness and the poverty of its inhabitants, focusing on the challenges posed by extractive industries, geographical isolation, and environmental threats like deforestation. The paper proposes a sustainable bioeconomy model, emphasizing indigenous knowledge and the need for strategic investments and institutional strengthening. It concludes by stressing the importance of a balanced approach to conserving the Amazon while ensuring economic viability for its inhabitants, underlining the region's global significance for environmental health and climate change mitigation.
Subjects: 
Amazon Rainforest
Environmental
Conservation
Sustainable Development
Bioeconomy
Amazonia
JEL: 
Q01
Q56
Q57
R11
N56
Document Type: 
Working Paper

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