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Govts pledge $280M to slow deforestation for agriculture

2013-11-21 05:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The governments of Norway, Britain and the United States pledged $280 million toward a new initiative that aims to reduce emissions associated with forest conversion for agriculture, reports Reuters. The money will come out of previously committed funds for climate change. The initiative, called the BioCarbon Fund Initiative for Sustainable Forest Landscapes and administered by the World Bank, focuses on the 80 percent of deforestation that is driven by agriculture. Norway will contribute up million...

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