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Putting a Price on the Ecosystem With Carbon Credits
Posted by Policymic: None Given on October 7th, 2011
Policymic: How much is a forest worth? A newly evolving policy mechanism, supported by the United Nations Framework Convention on Climate Change, is beginning to put a price on one ecosystem service that we tend to forget about in large tracts of forest land -- carbon uptake.
REDD+, or Reducing Emissions through Preventing Deforestation and Degradation, is a policy framework in its infancy being tested in forests around the world in an effort to prevent forest loss and ensuing carbon emissions into the atmosphere....