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Carbon trading to fight deforestation

Posted on 17 November 2008

From Indiatimes.com: An initiative to fight deforestation in developing economies by tapping emissions trading markets will commence in full swing shortly, involving a World Bank-managed facility financed in part by Japan.

The Forest Carbon Partnership Facility to finance projects to curb slash-and-burn farming and other forms of forest degradation will begin soon in Vietnam, Madagascar and 23 other countries formally selected at the facility’s first meeting in the United States in late October, the sources said….. Full Article: Source


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