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Market for REDD+ carbon credits declines 8% in 2012

2013-05-31 00:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The market for carbon credits generated from projects that reduce deforestation and forest degradation - a climate change mitigation approach known as REDD+ - dipped eight percent in 2012 according to an annual assessment of the global voluntary carbon market. The report, published by Ecosystem Marketplace and Bloomberg New Energy Finance and slated to be released next month, found that overall demand for voluntary carbon credits rose four percent in 2012, with buyers offsetting 101 million metric...

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