| As U.N. talks keep failing to agree how to raise money to protect forests, private investors are testing a trade in credits to slow the deforestation that emits as much carbon as all the world’s cars, ships, trucks and planes.
BNP Paribas is one of a handful of financial institutions and investment funds entering the risky but potentially lucrative market for “credits” in the Reducing Emissions from Deforestation and Forest Degradation program, or REDD..............................................Full Article: Source
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