facebook
twitter
rss
account
search
search
 

Warsaw climate talks yield agreement on REDD+

The package will provide monetary compensation to developing nations who can prove they have cut emissions by curbing deforestation.
By Ananth Baliga   |   Nov. 22, 2013 at 4:02 PM   |   Comments

http://cdnph.upi.com/sv/em/i/UPI-9741385154044/2013/1/13838531224485/Warsaw-climate-talks-yield-agreement-on-REDD.jpg
Nov. 22 (UPI) -- Nations trying to reach a climate deal in Warsaw have made a significant step toward reducing emissions from deforestation, which accounts for 20 percent of global CO2 emissions.

Delegates have agreed to Reducing Emissions from Deforestation and Degradation, known as REDD+, a program that aims to keep trees standing in tropical countries.

The plan will involve payments made by developed nations to developing nations who cut carbon emissions by countering deforestation. In addition to curbing forest degradation and deforestation, REDD+ promotes pro-forest activities.

The results-based understanding means that developing nations will have to provide information on safeguards for local communities before they will receive any money.

Earlier in the week, countries agreed to a $280 million package to promote more sustainable use of land.

"The ministers have been working for almost 10 years to finalise the rules which will allow donors to invest in forest management practices in the developing world and get a way to verify the emissions reductions," said Paul Bledose, of the German Marshal Fund.

[BBC]

Follow @antbaliga and @UPI on Twitter.
Contact the Author
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Massive sunspot sending violent flares toward Earth Massive sunspot sending violent flares toward Earth
2
Powerful new microscope sees cell division in real time Powerful new microscope sees cell division in real time
3
Stone tools reveal Ice Age settlement in the Andes Stone tools reveal Ice Age settlement in the Andes
4
Astronomers discover worst-smelling comet in space Astronomers discover worst-smelling comet in space
5
Google exec breaks skydive record with dive from near-space Google exec breaks skydive record with dive from near-space
Trending News
Around the Web
x
Feedback