The larger economic case is that while of course I agree that there is a real constraint on economic growth from resource depletion, I think that that as a binding constraint is a lot further away than many seem to realise.

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Mountain regions, particularly in tropical regions where they are prime human habitat, are increasingly threatened by climate change, demographic pressure, and economic development that in many cases lead to resource depletion and degradation, hindering the provision of critical goods and services to both mountain inhabitants and lowland communities.

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"As you see forest loss continue, as you see the depletion of rivers, you are undercutting the foundation for economic development in those countries, " he said.

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We believe that economic development should not be done at the expense of environmental exploitation and resource depletion.

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Second, we can only provide for better pensions if pension funds are invested in the creation of real economic worth that can safely and securely be sure to provide value to the forthcoming generation who can utilize the depletion of that capital in exchange for the income they will forego to keep the older generation.

FORBES: Opinion