Posted by christian -
19 August 2009 at 3:55pm -
The Esperanza visits Papua New Guinea
There's a small but growing community of people who are trying bring some clarity to the debate about forest protection in the run-up to Copenhagen - specifically the REDD (Reduced Emissions from Deforestation and Degradation) process.
Natasha Loder, who writes for the Economist, is covering the intricacies of the carbon trading markets in Papua New Guinea on her blog. Her latest post is a look at the tangled web of project-based carbon offsetting. A 'project based' approach for REDD would allow bits of forest to be 'bought up' by organisations, who'd pay to protect the forest in return for securing rights to the future carbon credits from it.