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...equally passionate critics. Conservationists agree that our remaining forests must be saved, and quickly. Where they disagree is how REDD is funded. Many are fundamentally opposed to a carbon-offset system that only safeguards forests by allowing rich nations to pollute. "We need to find ways to stop burning fossil fuels, not create massive new loopholes to allow the pollution to continue," says Jakarta-based Chris Lang, who runs the website REDD-Monitor. "Carbon-trading does not reduce emissions." Lang believes funding REDD schemes through offsets or other market-based mechanisms would be a "disaster." Still, if all goes...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...these credits." Merrill Lynch calls Ulu Masen "the world's first commercially financed avoided deforestation project." Money has been followed by political muscle: a year later, Arnold Schwarzenegger of California, along with the governors of Wisconsin and Illinois, signed a deal committing the state to finding ways to incorporate forest credits within U.S. carbon-trading systems. Ulu Masen is expected to generate $26 million in carbon credits in its first five years...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...chocolate bars to biofuels, the natural habitat of endangered animals such as the orangutan and Borneo rhino shrinks further each year. REDD could save them, said a recent study of Kalimantan by researchers from the University of Queensland in Australia. They believe that the revenues generated by preserving a forest could not only compete with the profits of cutting it down for palm oil but also fund biodiversity projects to put the brakes on species extinction. REDD could "fundamentally change conservation [in tropical countries] and provide benefits for mammals at a scale we've never seen before," writes its lead...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...Wild There are several unique aspects to Aceh that have allowed the scheme's creators to blaze a trail. First, a decades-long separatist insurgency by the Free Aceh Movement (GAM) saved the province from the logging frenzy seen across the rest of Sumatra. "If you went into the forest back then there was a chance you'd get shot," says Matthew Linkie, an FFI technical manager based in the province's capital Banda Aceh. (See "COP15: Climate-Change Conference...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...Named after a 7,840-ft.-high (2,390 m) mountain within its borders, Ulu Masen is only slightly smaller than Yellowstone National Park, or about 10 times the size of Singapore. It is patrolled by forest rangers employed by the provincial government and by FFI-funded community rangers, many of them once with GAM. Ulu Masen has helped solve a major challenge for postconflict Aceh: finding jobs for ex-combatants. "In theory," says Linkie, "you've got a pool of well-trained forest experts with jungle skills. They make great rangers...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

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