Climate Deal Signals Forest Defense Investment Will ‘Pay Off,’ Lobby Says

Posted by Bloomberg: Catherine Airlie on December 13th, 2010
Bloomberg: The United Nations climate agreement may encourage billions of dollars of private investment in protecting forests by allowing for emissions savings to be more accurately measured, according to the Tropical Forest Group lobby. A group of envoys representing 193 nations agreed on a plan to protect forests, known as Reducing Emissions from Deforestation and Forest Degradation, or REDD. Rates of tree- felling, or deforestation, will be measured and financing established for projects in developing......

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