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Heres why market-based initiatives alone wont save the worlds forests and climate

2015-12-11 07:05:50| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: A new study looked at Papua New Guinea's Wanang Conservation Area, where villagers work with conservationists in exchange for financial rewards -- the type of market-based project that is the focus of the UNs REDD+ program. When it comes to conservationists working with forest communities, the study found, direct payments may be helpful as part of a broader reciprocal relationship, but direct payments alone will likely fail. Climate negotiators at COP21 discussing REDD+ and other forest initiatives...

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