The world is losing its tropical forest at an alarming rate. The rate of deforestation is greater than previously thought. Tropical forests are covering an area roughly the size of India will be destroyed in the coming 35 years i.e. 2050.

The Washington-based Centre for Global Development, which uses satellite imagery and data from more than 100 countries have predicted 289 million hectares of tropical forests will fell by 2050.

The results are bound to have catastrophic implications for the climate that is already changing and behaving freakishly.

Forests act as a natural absorber of Carbon dioxide. Deforestation contributes to climate change in a big way. Forests store carbon and also act as scavengers taking out the heat-trapping carbon dioxide from the atmosphere.

If the current trend of tropical deforestation continues, it will add another 169 billion tons of carbon dioxide in the earth’s atmosphere by 2050. It is equivalent to running 44,000 coal-fired power plants for a year.

Environmental economist, Jonah Busch says that it is high time carbon emissions must be taxed to coax countries to save their forest cover. However, the economic reasons are more complicated than they seem.

Rich countries have already crossed the development curve and improved the life standards of their population. In the process, it released huge quantities of carbon dioxide.

The UN climate change experts predict that the world cannot burn more than one trillion tons of Carbon to keep global temperatures rise below 2 degrees to avert catastrophic climate change.

If the present trend continues, the amount of carbon burnt as consequence of clearing of tropical forests equal to one-sixth of the entire global carbon dioxide allotment. The biggest cause of tropical deforestation is industrial agriculture that encourages production of globally traded commodities that include soya and palm oil.