Friday, September 01, 2006

Brazil Proposes Deforestation Fund

This is good news. Deforestation isn't a problem that is going away without injections of real money. Try as many have, that's the reality of this problem.
Brazil proposed on Thursday a fund to compensate developing countries that slow the destruction of their rainforests, a move that could help lower emissions of gases blamed for rising world temperatures.

The Brazilian initiative, presented at a planning meeting for upcoming global climate talks in Rome, calls for creating a fund that countries could tap into if they could prove they had brought deforestation below rates of the 1990s.

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