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Huge Indonesia forest project could unlock funding for REDD+

2013-06-08 12:25:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: The launch of the largest project in the world to preserve forest carbon under the UN REDD+ scheme could help attract funding for similar projects, according to a UN Environment Programme (UNEP) expert. REDD+ (Reducing Emissions from Deforestation and Degradation) projects fund the protection of forests by providing a financial incentive to keep them standing. The equivalent carbon offset credits are given in return. The offset credits are typically purchased by larges business and manufacturers....

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