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Carbon Fund Pioneering Multilateral Payments for Forest Carbon in a Bottom-Up Climate World

Here’s what was supposed to happen at the 2009 climate talks in Copenhagen: Rich, industrialized nations like the US and Australia would commit to deep reductions in their greenhouse gas pollution, joined by rapidly industrializing countries like China and India. Part of these commitments would be met by paying for emission reductions from reduced deforestation by tropical forest countries like Brazil and Indonesia.

A Big Deal for Tropical Forests

This month Wilmar International – Asia’s leading agribusiness group and the world’s largest trader of palm oil – announced a “No Deforestation, No Peat, No Exploitation” policy that is good news for the communities and wildlife that live in fast-shrinking rainforests across the tropics and for everybody else who depends on a stable climate.  While the announcement was