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An analysis by epidemiologists, economists, ecologists and biologists at 21 institutions finds we could reduce the risks of future pandemics by investing as little as 1/20th of the losses incurred so far from COVID into conservation measures designed to stem the spread of zoonotic viruses from wildlife to humans in the first place. This includes funding programs to train more veterinarians, create a global database of virus genomics, and end tropical deforestation and wildlife trafficking.