Forests for Climate is a landmark proposal for an international funding mechanism to protect tropical forests. The mechanism would become part of the second phase of the Kyoto (post-2012) agreement on climate change.
Executive summary: If countries commit to Forests for Climate, funding to protect tropical forests could become available as soon as 2009. It is estimated that halving emissions from deforestation will cost $10-15 billion per year. Forests for Climate has the potential to raise these funds and more.
Num. pages: 11