Sunday, December 11, 2011

Private sector finance eyed for UN forest projects

Private investors may be allowed to earn carbon credits by paying poor countries to halt the destruction of tropical forests, but a U.N. climate summit failed to agree the details needed to get the ambitious programme off the ground.

Rich nations believe paying developing countries to stop the destruction of rainforests is an effective way to fight climate change
� Muscat Press and Publishing House SAOC 2011

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Source: http://www.albawaba.com/private-sector-finance-eyed-un-forest-projects-404872

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