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Billions needed fund deforestation prevention plan: report

2014-02-04 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Donor nations, rainforest-rich countries and multilateral institutions will have to spend tens of billions of dollars in the next few years to ensure that nations undergoing deforestation will have incentives to halt the practice, a report released on Monday said. Without the money to buy forest-based emissions reductions, the mechanism known as REDD+ (Reducing Emissions from Deforestation and Degradation) will be largely undermined, restricting incentives to keep trees standing, it said. Deforestation...

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