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Cambodias Carbon Credit Scheme Still Not Making Gains

2013-10-01 10:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Cambodia Daily: Cambodias only U.N.-backed carbon trading scheme is still nowhere near making any money for communities and logging in the area continues to threaten the very forests supposed to generate tens of millions of dollars over the next 30 years, community representatives and officials in charge of the scheme say. The NGO Pact has been working with the government to turn 68,000 hectares of forest in Oddar Meanchey province into a money-making venture since 2007 by selling the forests carbon credits to...

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