Nations Seek Financial Rewards To Preserve Forests

"An old argument which provoked years of acrimonious debate following the Kyoto agreement is resurfacing here at the UN climate conference: should people be paid not to cut down trees?...Under the rules of Kyoto being confirmed at this conference, there is no mechanism to earn credits in the new carbon market through projects which avoid deforestation.

Companies can, however, contribute to their targets for cutting emissions by funding the reforestation of denuded areas, or the planting of entirely new forests."