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Tackling deforestation through REDD will cost $12 billion, report warns

2014-02-08 14:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Developed and developing countries need to join forces in order to reduce emissions from land use and halve deforestation by 2020, but this would cost up to $12 billion (7.4 billion). The findings appear in a report released on Monday by the Interim Forest Finance Project a coalition formed by the Global Canopy Programme, the Amazon Environmental Research Institute, Fauna & Flora International and the UNEP Finance Initiative. It warns that rich countries participating to the so-called REDD+...

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