A MOST unusual document landed on your correspondent's desk recently: a financial report from a rainforest. Iwokrama, a 370,000-hectare rainforest in central Guyana, announced that it was in profit. It added, more intriguingly, that rainforests had entered the "global economy".
Edward Glover, one of Iwokrama's board of trustees, says that it became clear more than a decade ago that the forest could not rely on donor funding to survive, so it had to look elsewhere for finance. The centre's first job was to identify the forest's assets and to exploit them. It seems to have perfected its art. Today the centre makes money in areas such as ecotourism, timber-extraction, forest-products such as honey and oils, bio-prospecting and forestry research.