Summary
Eco-system recovery, particularly recovery of natural forests offers by far the cheapest option for climate change mitigation and also represents the largest opportunity to actually remove carbon dioxide from the atmosphere. Addressing this challenge is possible and would provide important co-benefits for the poorest 5% of the human population, who are those that interact with natural forests, as well as the most complex and species-rich part of our planet.
Biography
Stephen Rumsey is a graduate of the London School of Economics and a life long conservationist, serving on the boards of several environmental non-profits and with a particular interest in tropical forests. Professionally, Stephen was investment manager for the biggest pension fund in the UK before designing and running the debt markets business for BZW for eight years, now Barclays Capital. He built a business for Merrill Lynch and set up his own asset management business, ECM, which grew from zero to $30 billion assets under management in six years before being sold to Wachovia/Wells Fargo in 2007. Most recently Stephen has established Permian Global, an investment firm dedicated to the protection and recovery of natural forests to mitigate climate change.