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U.N. climate deal must unlock private funding for forests: experts

2015-11-12 05:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A new global deal to curb climate change due in Paris next month must "switch on" forest protection schemes by allowing the carbon credits they produce to help meet country pledges to cut planet-warming emissions, forest experts said. That would unlock funding from the private sector, which has so far contributed just one-tenth of the money provided to keep forests standing, said Gus Silva-Chávez of U.S.-based non-profit group Forest Trends which tracked finance flows in 13 countries. Over...

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