A Ponzi scheme with Nature?
A few months back, we shared our first impressions of new research on the Zambian trade of Pterocarpus tinctorius – a beautiful tree commonly known as mukula, or rosewood, in commercial timber circles. That assessment is now completed, and we have found that in the delicate ecosystem of Zambia’s miombo woodlands, there is a Ponzi scheme that shows no sign of slowing. Why? Because in the rosewood trade, Nature is providing the seed capital. Is someone losing out? We believe so. Read the full story on Forests News.