The news of the week had been the burning Amazon Forest. TV shows in Brazil and across the world have covered the burning forest lands extensively with commentaries becoming focused on how to combat global warming. The "lungs of the earth" are in peril and there has been a wide range of discussion about it.

The rainforest is home to a great population of plants, animals, and insects, as well as a "carbon sink" which helps maintain the global emissions of carbon dioxide from industries to a manageable level.

This is crucial to the cooling of the global temperature, according to PhilStar. It is especially important because a lot of forest land in countries have been lost to the wrong handling of forestry management and economic deforestation.

The economy has also been helpful in some cases where forests made up of tree plantations beneficial to a country's GDP have led to forested areas. Some countries are especially skilled in the art of regeneration of forests, thanks to these industries. But when it is not properly implemented, it has led to a "monoculture" of species, where some fauna and flora have gone extinct due to only one kind of tree or plant being cultivated.

It is during this time when leaders need to come together to discuss the actions that can be done to create a "sustainable" economy. Just in time, the World Economic Forum will be holding the third annual Sustainable Development Impact Summit in New York this 23 and 24th of September. Over 700 leaders from business, civil society, and governments will meet to tackle environmental and social crises, according to WeForum.

Among other topics, the forum aims to discuss what had been the result of its strategic partnership with the United Nations.

This was completed in June 2019 and both strived to work to develop a wider implementation of the 2030 Agenda for Sustainable Development. There are six key areas which the Agenda covered, but most importantly, it has a provision for climate change.

Everyone, from French President Emmanuel Macron to the council of the G-7, has pledged to do their part to combat the forest fires in Brazil. But a larger factor seems to be in the play-the conversion of natural forest land into agricultural fields.

With a growing population, the world must come to grips on how to effectively use its natural resources in order to maintain a delicate balance between mankind and nature, as well as the economy.