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Analysis: Hope for REDD+ flickers, but failure of global carbon to develop must be reversed

In September 2019, something significant happened in the world of forest conservation: Norway agreed to pay Gabon $10 per metric ton of carbon to reduce its emissions from deforestation.


The agreement is an example of the global strategy know as REDD+ (reducing emissions from deforestation and degradation), where industrialized nations make results-based payments to developing tropical forest countries for curbing deforestation and avoiding the emissions released when trees are destroyed.


https://news.mongabay.com/2020/07/in-the-battle-to-save-forests-a-make-or-break-moment-for-redd/

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