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...Compared with China’s roughly $3tn in currency reserves, its outstanding loans to eligible countries are small, Ms Law added....
...“We record what is causing changes and we convert these impacts to forest carbon emissions numbers,” explains Ms Bholanath....
...“Now companies may have to write off transactions and back out of deals,” Ms Ho added. “People are going to lose a lot of money in the process.”...
...Using his knowledge of the UN’s Redd (Reducing Emissions from Deforestation and Forest Degradation) programme, Mr Wilder is expanding the forest bond concept to companies in other sectors....
...“Norway primarily co-operates with countries with respect to these issues through Redd and the Yasuni project is not an explicit Redd scheme,” said the spokesman....
...Ms Rousseff will have to calculate whether this is a political battle worth fighting....
...Ms Hedegaard says the hopes of some at Copenhagen – that a treaty could be drawn up at the next meeting, this December in Mexico – are mistaken....
...Indonesia already has 27 trial Redd projects under way that are being funded by the World Bank, donor governments and the private sector....
...Ms Seymour says Redd activities currently involve few officials beyond forestry ministries, but to be effective they will have to be expanded significantly....
...They also supported creating mechanisms to provide incentives for reducing emissions from deforestation and forest degradation, or REDD....
...“It’s definitely not a silver bullet [and palm oil] is a significant new threat to forests,” says Ms Seymour....
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