Sunday, December 6, 2009

Amazon is best site for forest carbon investments

Forest Carbon Index maps climate opportunities.

Amazon nations will be the early winners in a future market for forest carbon credits, which could grow to US$20 billion annually by 2020, according to a new report.

It is estimated that deforestation accounts for around 12% of the greenhouse-gas emissions that cause climate change and there is general agreement that the next global climate deal – under negotiation next week in Copenhagen – should include a forest protection plan.

No comments: